Trump-Linked World Liberty Financial Under Fire After UAE Investment
The post Trump-Linked World Liberty Financial Under Fire After UAE Investment appeared first on Coinpedia Fintech News
A new crypto-linked political controversy has erupted in Washington after a reported $500 million investment from a UAE royal–connected group in World Liberty Financial, a project tied to the Trump family.
Following this, U.S. Representative Ro Khanna has launched an investigation, raising concerns over possible conflicts of interest and national security risks.
Rep. Ro Khanna Open Investigation In UAE – WLFI DealOn January 16, 2025, a group linked to Sheikh Tahnoon bin Zayed Al Nahyan of the UAE signed a deal to buy a 49% stake in World Liberty Financial. The agreement was finalized just days before Donald Trump officially took charge of the White House.
Rep. Ro Khanna, Select Committee focused on China-related risks, has now demanded full details of this deal.
He sent a formal letter to Zach Witkoff, co-founder of World Liberty Financial (WLF), asking for ownership documents, payment flows, internal messages, and board communications connected to the transaction.
Breaking: I have launched an investigation as ranking member of the Select Committee on China into a $500 million UAE investment in the Trump family’s cryptocurrency company.
This is about public trust and transparency. https://t.co/2PfVrOmNni https://t.co/1PjXb64jyH
Lawmakers want to understand who approved the deal, how funds moved, and whether any policy decisions followed it.
Khanna believes the timing and size of the deal raise serious questions about transparency and national security.
Concerns Over National Security Risk & Conflict of InterestThe concern is not only about the investment size but also about timing and connections. The foreign investor group is reportedly tied to Sheikh Tahnoon bin Zayed Al Nahyan, a senior security official in the United Arab Emirates.
Khanna’s letter raises questions about whether this UAE investment could create possible conflicts of interest. Since the Trump family is directly connected to the crypto project, any foreign money flowing into it may affect US government decisions.
Although President Trump has denied knowing about the deal, he told reporters that his sons manage the business and accept investments from different global partners.
JUST IN: 