Sunday, February 01, 2026

Abu Dhabi Royal Invested in Trump Crypto Venture, WSJ Says

An Abu Dhabi royal signed a secret deal with the Trump family to buy a stake in their cryptocurrency venture, the Wall Street Journal reported, citing company documents and people familiar with the matter.

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In the days before the presidential inauguration, an Emirati sheikh paid $187 million to entities controlled by Donald Trump's family to take a major stake in one of the president's crypto companies, World Liberty Financial. www.wsj.com/politics/pol ...

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-- Katherine Long (@klong.bsky.social) Feb 1, 2026 at 10:31 AM

Comments

"This was a bribe," wrote Melanie D'Arrigo, executive director of the Campaign for New York Health, in a social media post. "UAE royals gave the Trump family $500 million, and Trump, in his presidential capacity, gave them access to tightly guarded American AI chips. The most powerful person on the planet, also happens to be the most shamelessly corrupt."

Jesse Eisinger, reporter and editor at ProPublica, argued that the Abu Dhabi investment into the Trump cypto firm "should rank among the greatest US scandals ever."

www.alternet.org

#1 | Posted by reinheitsgebot at 2026-02-01 02:17 PM

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