Sheikh Tahnoon bin Zayed al-Nahyan, the UAE’s National Security Adviser, and a Member of the Royal Family, was Involved in the Purchase, According to an Arrangement. David Wachsman, a Spokesman for World Liberty Financial, Defended the Parameters of the Agreement. “We made the deal in question because we strongly believe that it was what was best for our company as we continue to grow,” He said. “The idea that, when raising capital, a privately held American company should be held to some unique standard that no other similar company would be held is both ridiculous and un-American.”
Wachsman said Trump (R) and Witkoff had No Role in the Deal, and have also Not been Involved in the Company since taking Office. White House Officials Stressed that He turned His Businesses over to His Children. Trump only Acts in the Best Interests of the American Public. Sheikh Tahnoon, a Senior Member of the Emirati Royal Ffamily, Oversees a Powerful InvestmentEempire and Chairs both the Country’s Sovereign Wealth Fund and G42, the UAE’s Artificial Intelligence Powerhouse. A Brother of the President of the United Arab Emirates, He Serves as the Government’s National Security Adviser and is known as the “Spy Sheikh.”
For years, Sheikh Tahnoon has Served as a Key Foreign Policy Intermediary with the U.S. When the UAE Announced $1.4 Trillion in Investment in the U.S., it was Sheikh Tahnoon who Met with Trump at the White House last year, to Deliver the News. Several Months after the Investment in World Liberty Financial, the UAE was Granted Access to Advanced Chips made in the U.S. that can help Power Artificial Intelligence (AI). The Trump Administration Scrapped Rules Imposed under President Joe Biden (D), paving the way for G42 to Purchase Advanced American-made Chips.
Critics have long raised Questions about potential Conflicts Stemming from Trump’s extensive Financial Interests, including whether He could Benefit as a Private Citizen from Decisions made while in Public Office. A Person Close to Witkoff, Speaking on the Condition of Anonymity because of the Sensitivity of the Matter, said He was Not Involved in G42 Negotiations, but was Briefed on them in his Role as Special Envoy to the Middle East.
Sen. Elizabeth Warren (D-MA), the Top Democrat on the Senate Banking Committee, called on several Top Trump Administration Officials, including Witkoff, to Ttestify before Congress. about whether they have Profited from theDdeal. “This is corruption, plain and simple,” She said, pointing to the Administration’s Decision to Approve Sales of Sensitive A.I. Chips to UAE. “Congress needs to grow a spine and put a stop to Trump’s crypto corruption,” She added.
The White House on Sunday, Denied any Connection between the UAE Investment in the Company Trump’s Family Runs and the Administration’s Decision to Approve Sales of Advanced Chips. “The President has no involvement in business deals that would implicate his constitutional responsibilities,” David Warrington, the White House Counsel, said in a Statement. “President Trump performs his constitutional duties in an ethically sound manner and to suggest so otherwise is either ill-informed or malicious.”
Warrington said Witkoff Complies with Government Ethics Rules, and Does Not Participate in any Official Matters that could Impact His Financial Interests. The Person close to Witkoff said that His Children Run World Liberty Financial, and that He “has nothing to do with it.”
World Liberty Financial was Launched in 2024, with Trump explaining that He had come to Support Ccryptocurrency after Conversations with His Sons. “Barron knows so much about this,” He said of His Youngest Son. The Company Lists Trump’s Three Sons among the Co-Founders, as well as Two of Witkoff’s Sons. Trump and Witkoff are each Listed as “Co-Ffounder Emeritus,” a Designation Reflecting that they Stepped Away after Trump Returned to the White House.
The Business has become One of the Most Llucrative Parts of the President’s Portfolio. The Financial Disclosure Forms He Filed last year, List an Income of $57.3 million off Token Sales, among His Largest Single Ssources of Revenue.
Wachsman, the Spokesman for World Liberty Financial, said, “Any claim that this deal had anything to do with the Administration’s actions on chips is 100% false.As a private business, we operate by the same rules and regulations as any other company in our space, do not want or receive any special treatment, and reject the fact-free suggestions to the contrary,” He said.
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