Does Trump's Biggest Crypto Backer Really Exist?
Briefly

Aqua 1 Foundation announced a $100 million investment in World Liberty Financial, significantly benefiting President Trump's crypto endeavors. This investment allows Trump to potentially gain $75 million from token sales. However, Aqua 1 Foundation's legitimacy is questionable; its website offers minimal information and its corporate existence remains unverified in public databases. The company's sudden emergence as a major financial backer for Trump's operations contrasts sharply with its lack of transparency and the suspension of its social media accounts, raising doubts about its operational status.
The Aqua 1 website, which was registered on May 28, 2025, contains no information about the company beyond some fintech buzzwords and an e-mail address.
Aqua 1 Foundation had become one of the largest benefactors for Trump’s crypto businesses, outspending Tron founder Justin Sun, who's put $75 million into $WLFI.
Read at The Nation
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