BlockBeats News, February 15 — Two Democratic Senators have written to Treasury Secretary Janet Yellen, requesting an assessment of whether the UAE government-affiliated entities’ $500 million investment in crypto company World Liberty Financial should be subject to a national security review by the Committee on Foreign Investment in the United States (CFIUS). The committee, led by the Treasury Department, reviews foreign investment transactions that may involve sensitive technology or data.
According to a previous report by The Wall Street Journal, G42, supported by Abu Dhabi royal Sheikh Tahnoun bin Zayed, acquired a 49% stake in World Liberty Financial through an entity called Aryam Investment 1. The report indicated that some of the funds flowed to the Trump family and their affiliates. The Trump side denied any knowledge.
Senators Elizabeth Warren and Andy Kim questioned in their letter whether this transaction could allow a foreign government access to user data, and mentioned G42’s past collaborations with Chinese companies. They asked the Treasury Department to clarify whether a review process has been initiated or if a recommendation has been made to the President by March 5.
World Liberty Financial is the issuer of the stablecoin USD1, which has circulated over $5 billion since its launch in March 2025. The company lists Trump and Middle East envoy Steve Wietkoff as honorary co-founders. Previously, a company spokesperson stated that the two were not involved in the UAE-related transaction.
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