Trump Says He Was Unaware Of Abu Dhabi Royal’s $500 Million WLFI Investment

Reports say a wealthy Abu Dhabi investor bought a near-half stake in a crypto company tied to the Trump family. The transaction, reported to be worth about $500 million, involved an entity linked to Sheikh Tahnoon bin Zayed Al Nahyan. It has prompted questions in Washington and stirred activity in the markets where the company’s token trades.

Sheikh A Reported Buyer

According to reporting by major outlets, Aryam Investment 1 — an investor connected to Sheikh Tahnoon — agreed to purchase roughly 49% of World Liberty Financial, known as WLFI.

The payment was structured in phases, with about $250 million reported as an initial transfer. Reports note roughly $187 million moved to entities associated with the Trump family, while another $31 million reportedly went to companies tied to cofounders.

Timing And Deal Details

The timing of the sale matters. It was completed shortly before an important political milestone for the buyer’s partner, and that has sharpened scrutiny.

Some lawmakers and ethics experts raised alarms about a high-value foreign-backed investment in a business tied to a sitting US President.

Others point out that private business dealings are common and that the legal thresholds for disclosure can be complex. Market participants reacted quickly; trading in WLFI-linked assets saw spikes in volume and price swings as news spread.

Trump Responds

When journalists pressed him about the report, US President Donald Trump denied having knowledge of the transaction. “I don’t know about it,” he said, adding that his sons run many family business matters.

The remark was brief but clear: he insisted the family manages WLFI and that he was not personally involved in negotiating the sale. Some aides later reiterated that any operational decisions were handled by company executives and family members.

Reactions From Lawmakers And Regulators

Reports say lawmakers from both parties want answers. A handful of senators have asked for briefings and documents, and a few regulators have been asked to look at whether any disclosure rules were followed.

At the same time, legal experts caution that an investment by a foreign-backed firm is not automatically illegal or disqualifying. What matters, they say, are the exact terms, who signed which papers, and whether any statutory reporting obligations were met.

Featured image from Brendan Smialowski/AFP via Getty Images, chart from TradingView