A senior Democratic lawmaker has launched a congressional inquiry into a reported $500 million investment connected to World Liberty Financial, a crypto venture linked to former President Donald Trump. The investigation centers on concerns that foreign financial ties may pose national security risks and raise constitutional questions.
Congress Seeks Details on UAE-Linked Investment
Representative Ro Khanna has formally requested documents and explanations from World Liberty Financial regarding a reported deal involving Aryam Investment 1, an entity controlled by Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates. The investment allegedly resulted in the acquisition of a 49% stake in the company, with an upfront payment of $250 million finalized just days before Trump’s inauguration.
According to reports cited in the letter, portions of the funds were directed to entities linked to the Trump family and to businesses associated with Steve Witkoff, now serving as a U.S. diplomatic envoy.
National Security and China-Related Concerns
The inquiry highlights potential links between the UAE investor and companies accused of maintaining ties to Chinese firms. Lawmakers are examining whether the investment coincided with shifts in U.S. policy, including approvals for advanced semiconductor exports and support for major artificial intelligence projects in the UAE.
Additional scrutiny surrounds a multibillion-dollar crypto exchange investment facilitated through a stablecoin associated with World Liberty Financial, as well as a high-profile presidential pardon issued shortly before key policy approvals
The letter warns that the series of transactions could implicate national security interests and potentially violate the Constitution’s emoluments clause. World Liberty Financial has been asked to respond to 16 detailed questions and provide supporting records by March 1, 2026.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.