Eric Trump defends UAE's deal with Binance, saying his father is "the first person to make money without using the presidency"

Eric Trump defended his family, saying he had potential conflicts of interest in investing in Binance in the UAE and accessing advanced computer chips, and compared their actions with those of Hunter Biden. He stressed that their behavior was "sequential capitalists" and co-founder of World Liberty Financial, which achieved significant growth in its cryptocurrency wealth. The New York Times reported two major deals: the UAE invested $2 billion in Binance using the $1 stablecoin of World Free Finance, and the U.S. subsequently approved the UAE to buy chips, but both sides denied any connection.