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Congressman Ro Khanna Launches Investigation Into $500 Million UAE Investment In Trump Family Crypto Firm World Liberty Financial
Yahoo Finance· 2026-02-07 11:02
Group 1 - California Representative Ro Khanna has initiated an investigation into a $500 million investment by Abu Dhabi's ruling family in World Liberty Financial, a cryptocurrency company linked to the Trump family [1] - The investigation centers on a January 2025 deal where Sheikh Tahnoon bin Zayed Al Nahyan's associates signed an agreement to acquire a 49% stake in World Liberty Financial, directing $187 million to Trump family entities and $31 million to entities associated with Steve Witkoff's family [2] - Khanna has expressed concerns that these arrangements may violate multiple laws and the U.S. Constitution, requesting documents and answers regarding conflicts of interest from World Liberty Financial's CEO [3] Group 2 - Khanna has also called for an investigation by the Delaware U.S. Attorney into a Delaware-based LLC used by the Abu Dhabi buyers for the investment [5] - Trump has stated he was unaware of the investment details, indicating that his sons and family are managing it [7]