A secret agreement between Sheikh Tahnoon bin Zayed Al Nahyan and the Donald Trump family regarding a cryptocurrency venture has sparked public debate.
According to a Wall Street Journal report, citing company documents and sources close to the matter, representatives of Tahnoon, a royal family from Abu Dhabi, have signed an agreement to acquire a 49% stake in World Liberty Financial, the Trump family’s cryptocurrency project.
According to the report, the deal was struck between Tahnoon representatives and Eric Trump four days before Donald Trump’s inauguration last year. The first installment of the total $500 million investment amounted to $250 million, with $187 million reportedly allocated to companies linked to the Trump family.
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