Trump-Linked WLFI $500M UAE Stake Sparks Senate Demand For Probe
Trump-Linked WLFI $500M UAE Stake Sparks Senate Demand For Probe
US lawmakers are demanding a probe into a reported $500 million foreign stake from the UAE in a crypto firm linked to former President Donald Trump. The inquiry by the Treasury's foreign-investment watchdog aims to determine if the deal poses a threat to national security, highlighting increasing scrutiny over foreign investments in politically sensitive sectors.
US lawmakers on Friday stepped up pressure over a reported foreign stake in a crypto firm tied to US President Donald Trump, asking the Treasury’s foreign-investment watchdog to explain whether the deal threatens national security or should be reviewed. Related Reading: White House Crypto Adviser To Banks: Don’t Panic Over Stablecoin Returns Trump And The […]