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Trump cryptocurrency took $100 million from investor Guren "Bobby" Zhou

financeAug 9, 2026363,378

The New York Times reports that Guren “Bobby” Zhou, a Shanghai-raised businessman who was under investigation in Britain for money laundering, wired $100 million in June 2025 to World Liberty Financial, the Trump family, linked crypto operation, through his UAE-based Aqua 1 Foundation. The Times story, by Russ Buettner, says up to $75 million of that investment was distributed to a company controlled by President Donald Trump and his three sons. Two former employees of a British company tied to Zhou were subsequently charged in the British investigation. The reporting also says the funds benefited the family of Steve Witkoff, who served as the Trump administration’s special peace envoy. The piece frames Zhou’s purchase as an example of how investors with legal red flags moved large sums into the president’s crypto venture.

Shola Hoon
@sholahoon.bsky.social

“As Trump has blown $1.8 billion on construction projects, he’s also been busy profiting off the presidency through stock purchases that reek of insider trading, foreign licensing deals, crypto sales, and even the stocking of Trump wine and cider in stores run by the Coast Guard.” Absurdly corrupt.

94145d ago
David Corn
@davidcorn.bsky.social

A Shanghai-raised businessman connected to shady practices handed Trump’s crypto firm $100 million. Where did this money come from? It looks like he was fronting for someone. This ought to be investigated by Dems if they win the House. www.nytimes.com/2026/08/09/u...

58044d ago
Eric Lipton NYT
@ericlipton.nytimes.com

The curious case of Guren “Bobby” Zhou shows the ease with which investors with shady backgrounds and unknown motivations can funnel money to the president By Russ Buettner, who covers the Trump family’s finances. www.nytimes.com/2026/08/09/u...

16645d ago
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