House Democrats Probe Trump-Linked Crypto Firm Over $500M UAE Investment
- US House Democrats, led by Californian Representative Ro Khanna, have launched an investigation into a UAE royal family-linked entity’s US$500 million investment into Trump-owned DeFi project, World Liberty Financial (WLFI).
- Khanna wrote to WLFI CEO, Zach Witkoff, seeking information about the deal including what exactly the UAE received, how profits are distributed, and how conflicts of interest were managed.
- Khanna wrote that the deal may have involved numerous crimes and potentially even breaches of the US Constitution.
US House Democrats have launched an investigation into a reported US$500 million (AU$722m) investment made by an entity linked to the United Arab Emirates (UAE) royal family into the…
