Recent disclosures reveal that AQUA 1, the entity behind a substantial $100 million donation to Donald Trump’s associated fundraising organization, World Liberty Financial, is the controversial market making firm Web3port.
Web3port, previously marred by significant market misconduct accusations and subsequent operational collapse that impacted investors and protocols across the digital asset sector, had largely disappeared from public view. Its re-emergence under the AQUA 1 moniker represents a significant development within the convergence of political finance and the crypto industry.
The identification links a major contribution within the highly scrutinized US election cycle to a figure from the cryptocurrency sector’s history of controversies. This association casts fresh light on the source of the funds and renews focus on Web3port’s past actions and final disposition of its assets.