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'Impeachable': Explosive report on Trump's massive crypto 'scandal' stuns observers (www.rawstory.com)

submitted 17 hours ago by pelespirit@sh.itjust.works to c/politics@sh.itjust.works

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The New York Times on Monday published a blockbuster report detailing how US President Donald Trump’s administration gave the United Arab Emirates access to high-powered artificial intelligence chips just days after receiving a massive investment in Trump’s cryptocurrency startup.

As the Times report documented, Sheikh Tahnoon bin Zayed Al Nahyan, a member of the United Arab Emirates’ (UAE) ruling family, had one of his investment firms deposit $2 billion into World Liberty Financial, the startup founded by members of the Trump family and the family of Trump Middle East envoy Steve Witkoff.

Just two weeks later, wrote the Times, “the White House agreed to allow the UAE access to hundreds of thousands of the world’s most advanced and scarce computer chips, a crucial tool in the high-stakes race to dominate artificial intelligence,” despite national security concerns about these chips being shared with China.

NYT Archive Article: https://archive.is/IIcca

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[–] Wilco@lemmy.zip 2 points 13 hours ago

Yea, but the Republicans won't do it. They want to destroy the nation.