US House investigators have launched a probe into World Liberty Financial, a crypto venture linked to former President Donald Trump, following reports that an Abu Dhabi-connected entity agreed to acquire a 49% stake in the firm for $500 million ahead of the 2025 inauguration. The inquiry is being led by Rep. Ro Khanna, who has requested detailed ownership, governance, and payment records.
The investigation centers on potential conflicts of interest and national security considerations, including whether portions of the reported investment flowed to Trump family entities. Lawmakers are also seeking documentation related to Aryam Investment 1, the Emirati-linked vehicle cited in press reports, as well as internal communications and capitalization records.
A key focus is World Liberty’s USD1 stablecoin, which was used in a $2 billion transaction tied to Binance. Investigators are examining how the token was selected, what revenue it generated, and whether company personnel were involved in discussions preceding regulatory actions involving the exchange.
