One of the strangest crypto–political money trails just got a name. What began as a mystery involving an unknown UAE-linked donor called “Aqua 1” has now taken a dramatic turn.
Reports reveal connections to a collapsed market-making firm with a checkered history in Web3.
Aqua 1 Unmasked: Web3port, a Banned MM Firm, Behind Trump’s Crypto Power Play
Sources indicate “Aqua 1 Capital,” which previously claimed UAE registration and attempted to present itself as a Gulf-based investment outfit, is actually a rebranded shell used by the founders of Web3port—a market-maker quietly expelled from leading decentralized exchanges in 2023 due to manipulation allegations.
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