US Senator Warns: UAE’s Deal with WLFI “May Involve Criminal Activity”
PANews, February 3rd—According to Decrypt, U.S. Connecticut Democratic Senator Chris Murphy has warned that a deal involving UAE investors secretly paying funds to a Trump-linked crypto company may constitute “potential criminal behavior.” Murphy alleged that four days before Trump’s inauguration, Aryam Investment, associated with UAE’s Sheikh Tahnoon bin Zayed, agreed to acquire a 49% stake in Trump-affiliated crypto company World Liberty Financial for $500 million, with approximately $187 million flowing to entities linked to the Trump family and at least $31 million going to entities associated with Trump’s Middle East envoy Steve Witkoff’s family. Subsequently, the Trump administration approved expanded UAE access to advanced U.S. AI chips, which had been restricted during the Biden administration.
In his Senate speech, Murphy summarized the allegation as: secret massive transfers of funds to families associated with Trump and his envoy, followed by the U.S. sharing restricted security technology with the UAE. He stated, “This is corruption, it constitutes the elements of bribery, and is potentially criminal behavior,” warning that although accountability may be delayed, consequences are inevitable, “The rule of law is about to return,” and those trading power for money “will go to jail.”
Previous reports: Confidant of Abu Dhabi royal family secretly spends $500 million to acquire 49% stake in Trump family’s WLFI company; Trump responds: Unaware of Abu Dhabi’s $500 million investment in WLFI, my sons are handling it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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