House Probe Targets Trump-Linked World Liberty Financial After Reported $500M UAE Stake

U.S. House investigators have turned their focus to World Liberty Financial, a crypto venture linked to former president Donald Trump, after reporting that a UAE-linked investor agreed to a roughly $500 million stake shortly before Trump’s inauguration ^[1][2].

Rep. Ro Khanna, the ranking member of the House Select Committee on the Chinese Communist Party, sent a letter seeking corporate ownership records and other documents as part of the inquiry; investigators are specifically asking for payment trails and materials related to WLFI’s USD1 stablecoin, and reporting has tied that token to a roughly $2 billion transaction on Binance ^[2][1].

Some outlets reported the arrangement gave a UAE-linked entity an ownership stake approaching 49%, a detail cited in the ongoing review; the claimed terms and the extent of Emirati involvement are central to the records request described by House investigators ^[4][1].

The congressional probe aims to clarify WLFI’s ownership, funding sources and the role of its stablecoin in significant crypto transactions by reviewing corporate records, payment flows and relevant token documentation ^[2].