Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

The Senate Democrats are calling for a hearing on the Trump family’s crypto project and its ties to the Abu Dhabi royal family.

MeNews
ME News message, June 24 (UTC+8). Democratic senators in the U.S. have written to Republican leadership, demanding that a hearing be held immediately regarding the potential relationship between Trump family’s crypto project World Liberty Financial and the Abu Dhabi royal family. Previously, The Wall Street Journal reported that an investment entity backed by Abu Dhabi royal family member Sheikh Tahnoon bin Zayed Al Nahyan secretly acquired a 49% stake in World Liberty Financial. The project is a DeFi and stablecoin initiative, and Trump and his three sons are listed as advisors. The report says the agreement was signed by Eric Trump four days before Trump’s inauguration as U.S. President in January 2025, with a deal size of $500 million, half of which was prepaid. Approximately $187 million went to entities controlled by the Trump family, and at least $31 million went to entities related to the family of World Liberty co-founder Steve Witkoff. Witkoff was later appointed the U.S. Middle East envoy, and his son, Zach Witkoff, currently serves as CEO of World Liberty. Trump’s side stated that he was not aware of this $500 million investment and did not directly participate in the day-to-day operations of World Liberty Financial. The Democrats believe this matter involves potential conflicts of interest among the president’s family business interests, foreign capital, and government diplomatic duties, and therefore urge the Senate led by Republicans to launch an investigation as soon as possible. (Source: ODaily)
WLFI0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap