A post by @WatcherGuru on X.
JUST IN: President Trump says he "knows nothing" of UAE-linked investment in his family crypto firm.
@WatcherGuru on X
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President Trump said he “knows nothing” about a UAE-linked investment in his family’s crypto firm, distancing himself from a foreign capital tie-up at the center of the venture’s financing. The remark, delivered in response to a reporter’s question, concerns World Liberty Financial, the Trump family-backed DeFi and stablecoin project that has drawn Gulf investment interest. The comment matters because it leaves unclear how directly the president is engaged with the venture’s overseas backers as his administration shapes U.S. crypto policy. Watch for clarification from World Liberty Financial or the involved UAE investors on the size and structure of any stake, and for whether the White House specifies Trump’s role, if any, in the deal.
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Named in this story
Donald Trump, Trump family crypto firm, UAE