House launches probe into $500 Million UAE deal linked to World Liberty Financial

Representative Ro Khanna, ranking member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, has launched an investigation into World Liberty Financial (WLFI) over a reported $500 million investment from Aryam Investment 1, an entity controlled by Sheikh Tahnoon bin Zayed Al Nahyan of the UAE.

The probe seeks details regarding the deal, which was reportedly signed just before Trump's inauguration, with significant funds directed to Trump family entities. Khanna expressed concern that the investment might have influenced U.S. export policies concerning advanced AI semiconductors to China, noting Sheikh Tahnoon's ties to Chinese firms like G42 and MGX, and a subsequent $2 billion MGX investment into Binance facilitated by WLFI's stablecoin.

Khanna's letter suggests potential violations of the Constitution's emoluments clause and national security issues, demanding transparency on transactions, due diligence, and policy involvement by March 1, 2026.

(Source：The Block)