Are Trump and His Sons About to Dump All of Their Crypto?

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It’s not clear why Kremlev would bankroll Don Jr.’s wedding, considering that the president’s son already has a net worth of $300 million. Frank Montoya Jr., a retired career FBI official who held senior counterintelligence roles, told ProPublica that the arrangement reeked of quid pro quo. “If I’m paying for your wedding, at some point, you’re going to owe me something,” he said. “This should be unthinkable for the son of the president. End of story.”

A spokesperson for Trump Jr. did not dispute that his wedding was paid for by a Russian oligarch, insisting that Kremlev was a “personal friend” and “not someone he has a business relationship with.” Kremlev’s press office said, “Mr. Kremlev and Mr. Trump Jr. have a friendly relationship” and they first met “a couple of years ago.”

This story has been updated.

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