U.S. senators demand investigation into World Liberty Financial's deal with Emirati investors
A group of Democratic senators has sent an official request to the Republican leadership demanding immediate hearings on the financial ties between the World Liberty Financial (WLF) project, owned by Donald Trump's family, and investors from Abu Dhabi. The appeal was signed by Elizabeth Warren, Gary Peters, Ron Wyden, Richard Durbin, and Richard Blumenthal.
The reason for such a sharp reaction was data indicating that an entity affiliated with Sheikh Tahnoon bin Zayed Al Nahyan carried out a secret deal to acquire 49% of WLF's shares. The transaction amount was $500 million, and the deal was completed just days before Trump's inauguration. Of this amount, at least $187 million was transferred directly to entities controlled by the U.S. president's family. Another at least $31 million went to organizations linked to relatives of Steve and Zach Witkoff.
Analytical Commentary: This situation is a classic example of a conflict of interest at the intersection of politics and crypto-finance. The timing of the deal (immediately before taking office) and the scale of the sums ($500 million for 49% of a project that at the time had no proven market success) raise serious questions about the nature of this agreement. The market must understand: if such precedents become the norm, trust in decentralized projects backed by political figures will be completely undermined.