The U.S. House of Representatives Investigates $500 Million Transaction Between WLFI and a Member of the UAE Royal Family

BlockBeats News, February 5th, according to The Block, a senior Democratic member of the U.S. House of Representatives has initiated an investigation into Donald Trump's related crypto project World Liberty Financial (WLFI). Earlier reports suggested that the project received a $500 million investment from an entity related to a member of a certain UAE royal family.

U.S. House member Ro Khanna wrote to WLFI co-founder Zach Witkoff requesting detailed information and relevant documents. The letter referenced a previous report by The Wall Street Journal, stating that Aryam Investment 1 (controlled by UAE National Security Advisor and President's brother Sheikh Tahnoon bin Zayed Al Nahyan) acquired a 49% stake in WLFI.