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Documents and sources: Abu Dhabi's Sheikh Tahnoon bin Zayed Al Nahyan backed a $500M investment for a 49% stake in WLF, four days before Trump's inauguration

$500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips

Wall Street Journal

Discussion

  • @skesslr Sam Kessler on x
    SCOOP: Days before the inauguration, the Trump family secretly signed away 49% of World Liberty Financial, their crypto company, in a deal with a U.A.E. royal, acc. to documents and people familiar. The $500M investment came months before the U.A.E. won access to U.S. AI chips🧵
  • @thetnholler @thetnholler on bluesky
    So... a bribe?  —  Trump got $500 Million and U.A.E. got “tightly guarded” A.I. chips.  How is this not a bribe, exactly?  —  www.wsj.com/politics/pol...  [image]
  • r/politics r on reddit
    “Spy Sheikh” Bought Secret Stake in Trump Company
  • r/TrueReddit r on reddit
    ‘Spy Sheikh’ Bought Secret Stake in Trump Company: $500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips
  • r/ABoringDystopia r on reddit
    ‘Spy Sheikh’ Bought Secret Stake in Trump Company: $500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips
  • r/allinpodofficial r on reddit
    Trump Sells Out America
  • @carlquintanilla Carl Quintanilla on bluesky
    WSJ: “.. The deal marked something unprecedented in American politics: a foreign government official taking a major ownership stake in an incoming U.S. president's company.”  —  @wsj.com  —  www.wsj.com/politics/pol...  [image]
  • @anno1540 @anno1540 on bluesky
    1/2  —  Four days before Donald Trump's inauguration last year, lieutenants to an Abu Dhabi royal secretly signed a deal with the Trump family to purchase a 49% stake in their fledgling cryptocurrency venture for half a billion dollars, according to company documents and-  —  www…
  • @nicholasgrossman Nicholas Grossman on bluesky
    I don't think foreign interests should be able to funnel $500 million into the U.S. president's private accounts.  The Constitution doesn't think so either, explicitly forbidding this and making it the only named impeachable offense besides treason.  —  Sorry to get so partisan, …
  • @wendysiegelman Wendy Siegelman on bluesky
    Per WSJ: “G42 had for years drawn scrutiny from Biden officials and also Republican lawmakers, who in 2024 had sought investigations into the risk that China could access sensitive U.S. technology through the company.”  —  www.wsj.com/politics/pol...
  • @socialmedialab.ca @socialmedialab.ca on bluesky
    The problem is that not many Americans know what an emolument is.  “'Spy Sheikh' Bought Secret Stake in Trump Company.  $500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips” www.wsj.com/politics/pol...
  • @wendysiegelman@mastodon.social Wendy Siegelman on mastodon
    Spy Sheikh Tahnoon bin Zayed Al Nahyan Bought Secret Stake in Trump Company - deal for $500 million investment for 49% of World Liberty signed 4 days before Trump inauguration, months before UAE won access to tightly guarded American AI chips  —  Eric Trump signed $500M deal w/Ta…
  • @naomioreskes Naomi Oreskes on bluesky
    I'm often asked about the ideology behind Trumpism.  —  This suggests there isn't one: it's just corruption.  —  www.wsj.com/politics/pol...
  • r/IRstudies r on reddit
    UAE royals secretly signed a deal with the Trump family to purchase a 49% stake in their cryptocurrency venture for half a billion dollars …
  • @tomcolicchio Tom Colicchio on x
    but he's not taking a salary.
  • @senwarren Elizabeth Warren on x
    Corruption, plain and simple. Steve Witkoff, David Sacks, and Howard Lutnick must testify in front of Congress. And Congress needs to grow a spine and put a stop to Trump's crypto corruption. [image]
  • @superwuster Tim Wu on x
    President Harding was an amateur; Trump has to be the most corrupt President in American history
  • @jefftimmer Jeff Timmer on x
    so entirely and nakedly corrupt
  • @repyassansari Congresswoman Yassamin Ansari on x
    The most corrupt administration in American history. By far.
  • @senatorandykim Senator Andy Kim on x
    This is corruption at a whole new level. America is not for sale, yet Trump is making deals with foreign leaders and giving them unprecedented influence and access. We should all be concerned about the conflicts of interest here.
  • @rubengallego Ruben Gallego on x
    America first? Trump is bought and paid for by Abu Dhabi royals. He sold out our country's national security for a personal pay day.
  • @houseforeign @houseforeign on x
    Trump has wasted no time in his second term enriching himself and his family off the presidency while driving up costs on everyday Americans. Corruption so brazen it's... *checks notes*... unconstitutional. [image]
  • @sarahlongwell25 Sarah Longwell on x
    They're literally selling out America.
  • @kenvogel Kenneth P. Vogel on x
    This huge @wsj scoop about a UAE government-linked company agreeing to invest $500m in the Trump family's crypto company makes the 1st term concerns about foreign officials staying in Trump's DC hotel seem quaint by comparison. 🎁🔗 https://www.wsj.com/...
  • @radiofreetom Tom Nichols on x
    Really sticking it to the elites and the globalists
  • @danpfeiffer Dan Pfeiffer on x
    This is an unfathomably large conflict of interest. Probably the largest one for a President in history.
  • @rebeccaballhaus Rebecca Ballhaus on x
    Four days before Trump's inauguration, lieutenants to an Abu Dhabi royal secretly signed a deal w/the Trump family to buy a 49% stake in World Liberty Financial for $500M, according to documents & people familiar. The buyer paid half up front, steering $187M to Trump family
  • @kengardner11 Ken Gardner on x
    I am SURE that there is a perfectly good explanation for this. If you shake a tree on X dot com, a thousand red hatted people will fall out who are armed to the teeth with “reasons” why this old-fashioned grift is something other than what it obviously is.
  • @tvietor08 Tommy Vietor on x
    So it turns out that the bribe that got Trump to sell the UAE advance artificial intelligence chips is WAY bigger than we knew. It's not just that MGX facilitated a $2b purchase with Trump's stablecoin. The UAE actually bought 49% of his whole fucking crypto company! [image]
  • @malinowski Tom Malinowski on x
    If a future administration finds that such payments to the Trump family were acts of corruption, these people could be sanctioned under the Global Magnitsky Act, and the assets in the U.S. could potentially be frozen.
  • @ninaburleigh Nina Burleigh on x
    Staggering. When will someone put a Trump family enrichment ticker up in Times Square so we can watch the haul grow by the minute?
  • @sruhle Stephanie Ruhle on x
    This matters.
  • @jim_benemann Jim Benemann on x
    But in his spare time he's trying to make life better for hard working Americans.
  • @michaelpfreeman Michael Freeman on x
    Hey, @RepJamesComer, you went nuts for years investigating Biden over a $10,000 loan repayment. Where is House Oversight Committee on this?
  • @mattyglesias Matthew Yglesias on x
    The levels of corruption in this administration are insane
  • @darrigomelanie Melanie D'Arrigo on x
    This was a bribe. 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. [image]
  • @bakari_sellers Bakari Sellers on x
    Donald Trump is literally bought by foreign countries, and ppl are fine with it.
  • @benjysarlin Benjy Sarlin on x
    There's got to be a tipping point eventually on this stuff.
  • @rebeccaballhaus Rebecca Ballhaus on x
    At the time the Abu Dhabi royal invested in World Liberty, the company had no products. It had raised $82 million by selling a token called WLFI. But the investment didn't give the buyer rights to future WLFI token sales—leaving the Tahnoon-backed entity out of what was then
  • @scarylawyerguy @scarylawyerguy on x
    We've never seen this amount of corruption at the presidential level. There is not even a close second and yet Hunter Biden's laptop was treated like a bigger scandal. Kudos for sniffing this out, but this shit is just baked into the cake and will be a one day story (at most)
  • @brendannyhan Brendan Nyhan on x
    Corruption at a level that is unimaginable in any previous admin. People were mad that Hunter Biden sold some mediocre paintings. Now: “something unprecedented in American politics: a foreign govt official taking a major ownership stake in an incoming U.S. president's company”
  • @akoz33 Andrzej Kozlowski on x
    What is now completely obvious (and quite unrelated to any TDS) is that the level of corruption of the Trump administration reached levels unprecedented in U.S. history. Moreover, this corruption has had a direct impact on U.S. foreign policy. The consequences will outlive Trump
  • @janemayernyer Jane Mayer on x
    Read this, omg: Spy Sheikh' Bought Secret Stake in Trump Company - WSJ https://www.wsj.com/...
  • @jaynordlinger Jay Nordlinger on x
    Might this arouse any interest, on the part of the great American public?
  • @buncahn @buncahn on x
    I wonder if @JackPosobiec and any of those other massive pieces of shit like him have any comment on this
  • @stephenwertheim Stephen Wertheim on x
    “Trump's conflicts of interest have so dwarfed those of his predecessors that 'it's like complaining about kayaks when B52s are flying overhead,' said Ty Cobb, who served as a top White House lawyer in Trump's first administration. 'My advice as an ethics lawyer would have been
  • @phillipspobrien Phillips P. OBrien on x
    The corruption went into overdrive even before the inauguration. People saying that the American system of checks and balances is holding are detached from reality. When it comes to checking corruption, they don't seem to exist. https://www.wsj.com/...
  • @ronfilipkowski Ron Filipkowski on x
    James Comer spent every day for 2 years and millions of US taxpayer dollars trying to link Joe Biden to Hunter's appointment to the Burisma board in 2014, but has zero interest in UAE putting $500 million into Trump's crypto company then getting advanced AI chips from the US.
  • @mpolymer Marc Polymeropoulos on x
    Hi GOP friends, care to comment? That crazy progressive antifa loving super woke Wall St Journal at it again, huh?
  • @mcfaul Michael McFaul on x
    Wow. https://www.wsj.com/...
  • @davidaxelrod David Axelrod on x
    In any other time or presidency, this story. reported by @WSJ, would be an earthquake of a scandal. The size, scope and implications of it are unprecedented and mind-boggling. But will this Congress, which brayed endlessly about the “Biden crime family,” probe it? Not a chance. […
  • @luismorenolg Luis Moreno on x
    This by itself, should be explosive and plastered in every media outlet. This is an impeachable offense and a crime. Will he get away with this, as he has with everything else? Will the Dems grow a spine? Will some GOP folks grow a conscience? Will Americans even care?
  • @schiff.senate.gov Sen. Adam Schiff on bluesky
    New reports reveal that the UAE royal family secretly funneled $500M to Donald Trump's cryptocurrency venture, just days before his inauguration and months before the President agreed to sell the UAE highly advanced AI chips that many fear would end up in the hands of China.  🧵
  • @scott_wiener Senator Scott Wiener on x
    Qatar, UAE & Saudi Arabia all bribed Trump for access to advanced AI chips. That access directly undermines U.S. national security & economic strength. Trump is selling out the American people to line his pockets. He must be impeached, removed from office & sent to prison.
  • @mehdirhasan Mehdi Hasan on x
    The corruption in this administration is staggering
  • @stephen_richer Stephen Richer on x
    Curious how anyone could view this as anything but highly questionable. Thx. [image]
  • @dylanotes Dylan Williams on x
    Trump's corruption is becoming undeniably apparent, even for many who may have overlooked it before. Democrats have a wide-open lane to run on a populist anticorruption agenda that contrasts the financial struggles most Americans face with Trump and his associates' self-dealing.
  • @kasparov63 Garry Kasparov on x
    Nearly every day brings a real Trump corruption scandal that is billions beyond even the most creative fantasies about Hunter Biden. US power and influence exchanged to enrich Trump and his family.
  • @glcarlstrom Gregg Carlstrom on x
    To call this the most corrupt administration in American history doesn't really do it justice, because no prior president, Republican or Democrat, would have even conceived of a grift on this scale “Four days before Donald Trump's inauguration last year, lieutenants to an Abu
  • @realjimchanos James Chanos on x
    This is bad, even by today's standards. #GoldenAge
  • @j_g_allen Joseph Allen on x
    Trump gave away our most advantaged technology to enrich himself and his family. Corrupt and criminal.
  • @barbaracomstock Barbara Comstock on x
    When the Trump corruption story is in the WSJ...are the leaks coming from inside the house?.....
  • @kurtbardella Kurt Bardella on x
    But Hunter's laptop!
  • @thesteadystate.org @thesteadystate.org on bluesky
    Authoritarian state capture vs diplomacy: WSJ shows a foreign security chief secretly buying 49% of Trump's crypto company for $500M and then getting Oval Office access, AI‑chip concessions, and a pardon for a close ally.  —  www.wsj.com/politics/pol...
  • @johncassidysays John Cassidy on bluesky
    ICYMI: Great scoop from @wsj.com As I've said before, the level of self-dealing by the Trump family—this example undisclosed—is off the charts.  Where is Congress?  (Obvious answer, I know.)  —  www.wsj.com/politics/pol...
  • @tariqpanja Tariq Panja on bluesky
    Man City board member Marty Edelman also on board a UAE prince's vehicle used to buy 49 percent stake in Trump Crypto company four days before his inauguration, just one interesting detail in this superb WSJ piece  —  www.wsj.com/politics/pol...
  • @theofrancis@mastodon.online Theo Francis on mastodon
    I've researched and written about closely held companies — it isn't easy.  This is some remarkable and remarkably detailed reporting by my colleagues at The Wall Street Journal:  —  ‘Spy Sheikh’ Bought Secret Stake in Trump Company / $500 million investment for 49% of World Liber…
  • @robertscotthorton Scott Horton on bluesky
    Notice how entwined Steve Witkoff is with the business operations of both the Trump family.  “At least $31 mn was also slated to flow to entities affiliated with the family of Steve Witkoff, a World Liberty co-founder who weeks earlier had been named US envoy to the Middle East, …
  • @tomjoscelyn Tom Joscelyn on bluesky
    Trump is the most corrupt politician in American history.  And we've never had a president be this compromised by foreign interests.  —  But what about Hunter Biden's laptop?  —  www.wsj.com/politics/pol...  [image]
  • r/law r on reddit
    Will Trump or his partners ever be held accountable for such blatant crimes?