UAE Royal Funds Half-Billion Trump Crypto Deal Ahead of AI Chip Access

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Source: Common Dreams
UAE Royal Funds Half-Billion Trump Crypto Deal Ahead of AI Chip Access
Photo: Common Dreams
TL;DR Summary

A Wall Street Journal report alleges a member of Abu Dhabi’s royal family secretly backed a $500 million investment in the Trump family’s cryptocurrency venture, acquiring 49% of World Liberty Financial and directing about $187 million upfront to Trump entities (with at least $31 million to Witkoff entities), months before the UAE was granted access to advanced U.S. AI chips; the meeting with Trump and Witkoff at the White House and the scale of the deal have critics calling it bribery with potential national-security implications.

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