Trump linked crypto venture World Liberty sold 49% stake to UAE state affiliated firm – Ledger Insights

The Wall Street Journal (WSJ) has reported that crypto firm World Liberty Financial (WLF), in which the Trump family originally held a 75% interest, sold a 49% stake to a UAE firm, Aryam Investment, backed by HH Sheikh Tahnoon Bin Zayed Al Nahyan. The deal was allegedly signed four days before President Trump’s second inauguration, and involved $500 million for the stake despite WLF having no products at the time. Aryam also has no rights to the WLFI token. The news comes at a critical time with crypto market infrastructure legislation progressing, but Democrats pushing for ethics clauses.

Sheikh Tahnoon is the UAE national security adviser and the brother of the UAE President, Mohamed bin Zayed. He is also the Chairman of…

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