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Trump says he knows nothing about World Liberty Financial's UAE ownership ties

The US president told CBS he was unaware of a reported $500m UAE-linked stake in his family's crypto firm, while confirming he remains a co-owner of World Liberty Financial.

Why it matters: World Liberty's foreign ownership is central to conflict-of-interest allegations and federal litigation involving the president's family crypto business.

InvestIn.News NewsDesk · 1 min read
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Picture from Bitcoin.com News for: Trump says he knows nothing about World Liberty Financial's UAE ownership ties
Image: Bitcoin.com News
Original reporting: Andrew Hayward, Bitcoin.com News

Key points

  • Aryam Investment 1, backed by Sheikh Tahnoon bin Zayed Al Nahyan, reportedly agreed to buy 49% of World Liberty for $500m before Trump's January 2025 inauguration.
  • About $187m of the initial $250m payment went to Trump family-controlled entities, with at least $31m to Steve Witkoff-linked entities.
  • Senator Elizabeth Warren and Circle shareholder J. Benjamin Greenberg have raised conflict-of-interest concerns, and Justin Sun seeks about $264,000 in sanctions over delayed ownership disclosures.

CBS News correspondent Ross Douthat asked why the arrangement should be viewed differently from a hypothetical Biden family deal with foreign investors.

The Wall Street Journal reported earlier in 2026 that Abu Dhabi-based Aryam Investment 1 agreed to buy a 49% stake for $500m days before Trump's January 2025 inauguration.

Trump defended his sons' role, saying they run the company, and asked "How do you divest from cash?" when pressed on shedding his holdings. The UAE ownership ties have drawn federal scrutiny: Senator Elizabeth Warren questioned Commerce Secretary Howard Lutnick in August over licence-free UAE access to advanced US technology, including AI chips.

In October, Circle shareholder J. Benjamin Greenberg sued Trump, World Liberty and associated parties, alleging violations of the Constitution's Foreign Emoluments Clause over the $500m deal and a $2bn MGX investment in Binance settled in World Liberty's USD1 stablecoin. World Liberty and the White House reject the allegations, and no court has ruled on them.

Read the full story on Bitcoin.com News

Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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