A recent investigation has been released that raises serious questions about what is happening behind the scenes of the cryptocurrency project World Liberty Financial. It turns out that an investment fund from Abu Dhabi, linked to a prominent security adviser in the ОАЭ, secretly bought nearly half of WLF. The deal was signed by Erik Trump in January—literally just a few days before his father’s inauguration.



When journalists asked the president himself about it at a press conference, he said he wasn’t really aware—saying that his sons are the ones handling it. But here’s the point: the Trump family originally owned 40% of the project, and now this investor with half a billion dollars has joined them.

What’s interesting is that the sheikh behind the investment was also actively lobbying for access to advanced American AI chips. At the same time, the Trump administration signed an agreement with the ОАЭ to create the largest artificial intelligence center. Two weeks before that, WLF announced that it had raised 2 billion from the Emirati state-owned company MGX. The deal was carried out through the USD1 stablecoin issued by World Liberty Financial itself, which provided the project with potentially tens of millions in fees.

Democrats in Конгресс called this blatant corruption. Senator Chris Мёрфи wrote that the UAE investor transferred 187 million to Trump and 31 million to his top representative in Ближнем Востоке, after which the president allegedly granted access to secret defense technologies. Elizabeth Warren demanded that the decision to sell AI chips to the Emirates be overturned, calling the situation simple corruption.

Now WLFI is trading at around $0.08 with a 0.66% increase over the day. TRUMP is holding at $2.87, up 3.24%. All the scandal surrounding how the sheikh and his structures are intertwined with the Trump family’s business continues to draw the attention of analysts and politicians. Trump filed a $15 billion defamation lawsuit against The New York Times, claiming that the outlet’s publications harmed his reputation and the related crypto projects.
WLFI0.38%
USD10.05%
TRUMP5.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin