Senator Elizabeth Warren is calling for congressional hearings after new reporting revealed that the United Arab Emirates’ top intelligence official secretly took a nearly 50% stake in a Trump-era crypto company.

According to a Wall Street Journal investigation, an entity backed by Sheikh Tahnoon bin Zayed Al Nahyan—the United Arab Emirates’ national security adviser and a key power broker known as the “Spy Sheikh”—quietly purchased a 49% stake in World Liberty Financial for $500 million just days before Donald Trump’s inauguration last year.

The deal, signed by Eric Trump, reportedly funneled $187 million directly to Trump family entities, and at least $31 million to entities tied to Trump ally Steve Witkoff, who had recently…