The U.S. House of Representatives is investigating the Abu Dhabi funding's stake in WLFI, focusing on the stablecoin USD1 and its trading with Binance
Feb 05, 2026 13:29:55
The U.S. House of Representatives has launched an investigation into the cryptocurrency project World Liberty Financial related to Trump, focusing on whether it involves foreign sovereign capital and potential national security and policy compliance issues.
The investigation stems from a report previously disclosed by The Wall Street Journal: an entity linked to Abu Dhabi had secretly agreed to acquire approximately 49% of World Liberty Financial for $500 million shortly before Trump's inauguration in early 2025. In response, U.S. Congressman Ro Khanna has sent a letter to the company requesting information on its equity structure, payment details, and internal communications, as well as verification of the relevant investment situation. The letter specifically asks World Liberty Financial to confirm whether $187 million has flowed into entities related to the Trump family and whether there are additional payments made to affiliates of the company's co-founder.
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