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US Lawmakers Criticize $500M WLFI-UAE Deal, Demand Anti-Corruption Reform

US Lawmakers Criticize $500M WLFI-UAE Deal, Demand Anti-Corruption Reform

Author:

Global Cryptocurrency

Published:

2026-02-03 22:57:01

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BTCCSquare news:

Democratic Senator Chris Murphy has condemned a $500 million investment deal between World Liberty Financial Invest (WLFI), a crypto venture linked to the TRUMP family, and UAE-backed Aryam Investment. The transaction, which occurred days before Trump's inauguration, has sparked allegations of corruption and national security breaches.

According to a Wall Street Journal report, Aryam Investment—tied to Abu Dhabi royal Sheikh Tahnoon bin Zayed—acquired a 49% stake in WLFI. Documents reveal $187 million was funneled to Trump-affiliated entities, while $31 million went to Middle East envoy Steve Witkoff's associates.

The deal has reignited debates about foreign influence in US politics through cryptocurrency ventures. Murphy warned the arrangement violates decades of national security precedent, calling it "brazen, open corruption" that shouldn't be normalized.

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