David McAfee
February 1, 2026
RAW STORY
U.S. President Donald Trump participates in a swearing-in ceremony for Alina Habba as interim U.S. Attorney for the District of New Jersey, in the Oval Office at the White House in Washington, D.C., U.S., March 28, 2025. REUTERS/Evelyn Hockstein
A new report about a "secret" and "unprecedented" deal between Donald Trump and a "spy Sheikh" has analysts concerned.
According to the Wall Street Journal, "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 people familiar with the matter."
The article continues:
The buyers would pay half up front, steering $187 million to Trump family entities. The deal with World Liberty Financial, which hasn’t previously been reported, was signed by Eric Trump, the president’s son. At least $31 million 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 U.S. envoy to the Middle East, the documents said."
The report prompted outrage from political insiders and analysts.
Gregg Carlstrom of The Economist said, "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."
Ex-GOP lawmaker Barbara Comstock chimed in, "When the Trump corruption story is in the WSJ…are the leaks coming from inside the house?….."
Political scientist Brendan Nyhan added Sunday, "Corruption at a level that is unimaginable in any previous admin. People were mad that Hunter Biden sold some mediocre paintings."
The Tennessee Holler asked, "So… a bribe? Trump got $500 Million and U.A.E. got 'tightly guarded' A.I. chips. How is this not a bribe, exactly?"
Activist Garry Kasparov wrote, "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."
U.S. President Donald Trump participates in a swearing-in ceremony for Alina Habba as interim U.S. Attorney for the District of New Jersey, in the Oval Office at the White House in Washington, D.C., U.S., March 28, 2025. REUTERS/Evelyn Hockstein
A new report about a "secret" and "unprecedented" deal between Donald Trump and a "spy Sheikh" has analysts concerned.
According to the Wall Street Journal, "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 people familiar with the matter."
The article continues:
The buyers would pay half up front, steering $187 million to Trump family entities. The deal with World Liberty Financial, which hasn’t previously been reported, was signed by Eric Trump, the president’s son. At least $31 million 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 U.S. envoy to the Middle East, the documents said."
The report prompted outrage from political insiders and analysts.
Gregg Carlstrom of The Economist said, "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."
Ex-GOP lawmaker Barbara Comstock chimed in, "When the Trump corruption story is in the WSJ…are the leaks coming from inside the house?….."
Political scientist Brendan Nyhan added Sunday, "Corruption at a level that is unimaginable in any previous admin. People were mad that Hunter Biden sold some mediocre paintings."
The Tennessee Holler asked, "So… a bribe? Trump got $500 Million and U.A.E. got 'tightly guarded' A.I. chips. How is this not a bribe, exactly?"
Activist Garry Kasparov wrote, "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."
Foreign 'spy Sheikh' secretly bought 'unprecedented' stake in Trump's company: WSJ
David McAfee
February 1, 2026
U.S. President Donald Trump greets a member of the United Arab Emirates' delegation, as he stands next to UAE President Sheikh Mohamed bin Zayed Al Nahyan, at Qasr Al Watan, in Abu Dhabi, United Arab Emirates, May 15, 2025. REUTERS/Brian Snyder
For the first time in American history, a foreign government official took "a major ownership stake in an incoming U.S. president's company," according to a report Saturday night.
According to the Wall Street Journal's reporting, a so-called "spy Sheikh" signed an "unprecedented" deal to buy part of Trump's company for half of a billion dollars.
According to the report, "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 people familiar with the matter."
The article continues:
"The buyers would pay half up front, steering $187 million to Trump family entities. The deal with World Liberty Financial, which hasn’t previously been reported, was signed by Eric Trump, the president’s son. At least $31 million 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 U.S. envoy to the Middle East, the documents said."
It further states that the "investment was backed by Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who has been pushing the U.S. for access to tightly guarded artificial intelligence chips, according to people familiar with the matter. Tahnoon—sometimes referred to as the 'spy sheikh'—is brother to the United Arab Emirates’ president, the government’s national security adviser, as well as the leader of the oil-rich country’s largest wealth fund. He oversees a more than $1.3 trillion empire funded by his personal fortune and state money that spans from fish farms to AI to surveillance, making him one of the most powerful single investors in the world."
Read it here.
David McAfee
February 1, 2026
RAW STORY
U.S. President Donald Trump greets a member of the United Arab Emirates' delegation, as he stands next to UAE President Sheikh Mohamed bin Zayed Al Nahyan, at Qasr Al Watan, in Abu Dhabi, United Arab Emirates, May 15, 2025. REUTERS/Brian Snyder
For the first time in American history, a foreign government official took "a major ownership stake in an incoming U.S. president's company," according to a report Saturday night.
According to the Wall Street Journal's reporting, a so-called "spy Sheikh" signed an "unprecedented" deal to buy part of Trump's company for half of a billion dollars.
According to the report, "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 people familiar with the matter."
The article continues:
"The buyers would pay half up front, steering $187 million to Trump family entities. The deal with World Liberty Financial, which hasn’t previously been reported, was signed by Eric Trump, the president’s son. At least $31 million 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 U.S. envoy to the Middle East, the documents said."
It further states that the "investment was backed by Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who has been pushing the U.S. for access to tightly guarded artificial intelligence chips, according to people familiar with the matter. Tahnoon—sometimes referred to as the 'spy sheikh'—is brother to the United Arab Emirates’ president, the government’s national security adviser, as well as the leader of the oil-rich country’s largest wealth fund. He oversees a more than $1.3 trillion empire funded by his personal fortune and state money that spans from fish farms to AI to surveillance, making him one of the most powerful single investors in the world."
Read it here.
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