The post Trump’s World Liberty Faces House Probe Amid Claims of Major UAE Investment appeared on BitcoinEthereumNews.com.

House investigators are looking into World Liberty Financial over the alleged secret deal worth $500 million with the UAE. This is after the release of a report that the company gave an entity linked with the UAE a 49% stake in the company. House Launches Investigation on World Liberty Amid UAE Deal A ranking member of the House Select Committee, Rep. Ro Khanna, has sent a letter to WLFI. He asked for payment details and communication on the UAE deal. The investigation is aimed at establishing conflicts of interest and national security concerns over AI chip export controls. He also investigated the use of USD1 in a $2 billion deal with Binance. The probe came after a report by WSJ saying that a secret deal worth $500 million was reached by this entity to acquire a stake in the company. In his letter to World Liberty, Khanna asked for information about the status of the UAE deal. He asked whether the $187 million was channeled to the Trump family businesses and whether other amounts were paid to the affiliates of the company’s co-founders. In addition, when the United States president was asked on Monday regarding the details of the deal with the UAE, he denied the claims. “I don’t know about it,” Trump said. “I know that crypto is a big thing.” “My sons are handling that, my family is handling it, and I guess they get investments from different people.” According to the paper,  at least $31 million was also to be paid to entities related to the family of Steve Witkoff, who is a co-founder of World Liberty. Also, an additional $31 million was to be paid to an entity related to the other two co-founders, Zak Folkman and Chase Herro. WLFI Faces Additional Probe Over Binance Deal…

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Filed under: News - @ February 5, 2026 8:27 am