NYT Bombshell: Steve Witkoff at Center of Shady Crypto Deal Enriching Trump Family

Source: MEDIAite

Sep 15th, 2025, 4:31 pm


Middle East envoy Steve Witkoff, the businessman who has been given a sprawling foreign policy portfolio by President Donald Trump, is at the center of a pair of a shady deals that have seen Witkoff and Trump’s families enriched, alleged The New York Times in a story published on Monday.

From the Times’ story:

This summer, Steve Witkoff, President Trump’s Middle East envoy, paid a visit to the coast of Sardinia, a stretch of the Mediterranean Sea crowded with super yachts. On one of those extravagant vessels, Mr. Witkoff sat down with a member of the ultrarich ruling family of the United Arab Emirates. He was meeting Sheikh Tahnoon bin Zayed Al Nahyan, a trim figure in dark glasses who controls $1.5 trillion of the Emiratis’ sovereign wealth.

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At the heart of their relationship are two multibillion-dollar deals. One involved a crypto company founded by the Witkoff and the Trump families that benefited both financially. The other involved a sale of valuable computer chips that benefited the Emirates economically.

While there is no evidence that one deal was explicitly offered in return for the other, the confluence of the two agreements is itself extraordinary. Taken together, they blurred the lines between personal and government business and raised questions about whether U.S. interests were served.