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Is the family company's deal with Pakistan the reason for Trump's change of heart? The crypto deal was done five days after the Pahalgam terror attack

After the halt to Operation Sindoor, US President Donald Trump surprised the whole world, including India, by praising Pakistan. One of the major reasons behind this unexpected praise is believed to be the agreement between the Trump family-owned cryptocurrency company World Liberty Financial (WLF) and the Pakistan Crypto Council (PCC). This agreement was signed in Islamabad on April 27, five days after the Pahalgam terrorist attack.

Trump's sons Eric and Donald Jr. have stakes in WLF. One of the company's co-founders is Jack Witkoff. He is the son of Steve Witkoff, who is Trump's special advisor and US special envoy to the Middle East. He recently rescued an American hostage from Hamas. How special Steve is to Trump is also evident from the fact that he appointed Steve's second son, Alex Witkoff, to the US Holocaust Memorial Council on the same day, May 2.

The CEO of PCC, created by the Pakistani government, is Bilal bin Saqib. PCC is a recently established company. WLF was also established in 2024 and the Trump family has a 60 percent stake in it. Bilal was appointed as an advisor to the Pakistan Ministry of Finance on March 20 this year. Before the agreement with PCC, WLF also announced the appointment of Bilal as its advisor through a post on X on April 15.

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