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UAE-Linked $500M Crypto Deal with Trump Venture Sparks Corruption Allegations

UAE-Linked $500M Crypto Deal with Trump Venture Sparks Corruption Allegations

Author:

Global Cryptocurrency

Published:

2026-02-02 09:54:02

21

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BTCCSquare news:

Days before Donald Trump's 2017 inauguration, a UAE intelligence official acquired a 49% stake in World Liberty Financial—a cryptocurrency venture with TRUMP ties—for $500 million. The transaction funneled $187 million to Trump family entities and $31 million to associates of his Middle East envoy.

Senator Elizabeth Warren condemned the deal as "corruption plain and simple," citing national security concerns. The arrangement preceded the Trump administration's approval of advanced AI chip sales to the UAE, raising questions about potential quid pro quo.

Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser dubbed the "Spy Sheikh," orchestrated the investment through undisclosed channels. Congressional Democrats demand investigations into whether the deal influenced subsequent policy decisions.

By:

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