A member of the Emirati royal family purchased a $500 million stake in President Donald Trump’s cryptocurrency firm, World Liberty Financial, just four days before his inauguration, sparking major concerns about national security. This deal, which was revealed through undisclosed corporate documents, involved Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who oversees an enormous state investment fund.
Just think about the timing here. The Sheikh’s associated firm purchased a 49% stake in World Liberty, a company co-owned by Middle East envoy Steve Witkoff and his family. Ethics experts are worried because, thanks to the ownership structure at the time, the deal meant an immediate payment of as much as $187 million flowed right into the Trump family’s coffers on the cusp of Trump’s return to the White House.
