WLFI's 500 Million Dollar UAE Stock Investigation

Investigation Launched in the US

Researchers from the House of Representatives in the United States have begun to investigate World Liberty Financial, a crypto firm linked to Donald Trump, due to allegations of secretly making a $500 million deal with an Abu Dhabi-based entity. It is stated that this agreement was made before Trump’s swearing-in ceremony scheduled for early 2025.

Representative Ro Khanna has requested access to detailed ownership, payment, and management records of World Liberty Financial. In particular, there are questions about whether $187 million went to assets owned by the Trump family and what role an Emirati intermediary named Aryam Investment 1 played.

Impact on Crypto Assets

At the center of this investigation is World Liberty’s USD1 stablecoin asset and a $2 billion investment made on Binance in this context. Additionally, inquiries are being made into whether the company participated in discussions prior to Changpeng Zhao, the founder of Binance, making donations. All records are requested to be submitted by March 1st.