Home BlockchainTrumps World Liberty Financial Faces New Probe Over $500 Million Investment From UAE

Trumps World Liberty Financial Faces New Probe Over $500 Million Investment From UAE

by BeInCrypto
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Trump’s World Liberty Financial Faces New Probe Over $500 Million Investment From UAE

Democratic Senators Elizabeth Warren and Andy Kim challenged Treasury Secretary Scott Bessent to investigate a $500 million foreign entry into President Donald Trump’s family cryptocurrency business, World Liberty Financial.

In a letter dispatched to the Treasury, the lawmakers flagged a purchase that transferred a 49% equity stake in the project to a United Arab Emirates-backed vehicle just 96 hours before Trump took the oath of office.

US Lawmakers Demand Treasury Probe into WLFI

Warren and Kim…

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