UAE-Backed Investor Takes Major Stake in Trump Family Crypto Firm
TL;DR Summary
A UAE-linked investment firm purchased nearly half of the Trump family’s cryptocurrency company, World Liberty Financial, for about $500 million, with Eric Trump signing the deal days before his father’s inauguration. The arrangement ties the Trump business to UAE interests while the president pursues foreign policy with the Middle East, raising concerns about conflicts of interest and propriety.
- U.A.E. Firm Quietly Took Stake in the Trump Family’s Crypto Company The New York Times
- ‘Spy Sheikh’ Bought Secret Stake in Trump Company The Wall Street Journal
- UAE Sheikh secretly acquired 49% of Trump's World Liberty Financial days before inauguration: WSJ The Block
- United Arab Emirates' 'Spy Sheikh' bought secret stake in Trump crypto company: WSJ CNBC
- Abu Dhabi Royal Bought Stake in Trump’s Crypto Venture, WSJ Says Bloomberg.com
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