Binance's $2B Deal Amidst Controversy

Headline:

💰 UAE-backed MGX Acquires $2B Stake in Binance Using Trump-Linked USD1 Stablecoin

A UAE-backed investment firm, MGX, has secured a $2 billion minority stake in Binance, utilizing the USD1 stablecoin developed by World Liberty Financial, co-founded by Eric Trump. The deal, announced at the Token2049 conference in Dubai, has raised ethical concerns due to potential conflicts of interest and Binance's ongoing legal challenges in the U.S.

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