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Cryptocurrency News Articles

Eric Trump Will Be the Keynote Speaker at This Week's Bitcoin MENA Conference in Abu Dhabi

Dec 14, 2024 at 05:07 am

Eric Trump, son of Elected President Donald Trump, will be the mainnote speaker at this week's Bitcoin MENA conference in Abu Dhabi.

Eric Trump Will Be the Keynote Speaker at This Week's Bitcoin MENA Conference in Abu Dhabi

The son of President-elect Donald Trump will be the keynote speaker at a Bitcoin MENA conference in Abu Dhabi this week.

The event will serve as a key moment for the Trump family and its allies to showcase their support for a new crypto platform, World Liberty Financial (WLF), which they have been touting since September.

Eric Trump is set to deliver a speech on Tuesday, December 10, before an audience of over 6,000 attendees. He will also host a special “whales-only” session in the event’s VIP section, which is only accessible to those who purchase the exclusive $9,999 ticket.

Among the top supporters of WLF is US President-elect Donald Trump, while his sons Eric, Donald Jr., and Barron are serving as ambassadors for the platform. According to company documents, Donald Trump is entitled to 22.5 billion WLF tokens, which will form part of his earnings.

“This bitcoin conference is very important to the crypto industry because it is one of the longest-running conferences to bring industry players together,” said Marshall Beard, COO of crypto exchange platform Gemini, which is backed by Trump’s close ally, Cameron and Tyler Winklevoss.

SEE ALSO:

Trump’s Shift on Crypto Saw Him Go From Skeptic to Pledging to Make US ‘World Crypto Capital’

Bitcoin also set a new record last week, surging past $100,000 (around Rp1.58 billion) in value.

For his upcoming administration, Trump has appointed former PayPal executive David Sacks to serve as “czar” for artificial intelligence and cryptocurrencies at the White House.

Elon Musk, who was among Trump’s top supporters in the 2024 election, is also said to have contributed over $250 million to support the campaign.

Apart from Eric Trump, other speakers set to appear at the event include Justin Sun, founder of Tron, who became WLF’s largest investor after purchasing a token batch valued at $30 million (around Rp475.3 billion). Changpeng Zhao, founder of Binance, will also be hosting a special session, despite having just completed a four-month prison sentence in the US for violating money laundering law.

The conference is poised to be a significant event for the global crypto community, and it will also serve as an occasion for the Trump family to bolster their presence within this rapidly growing industry.

The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language.

News source:voi.id

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