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Trump says he knows nothing of UAE-linked stake in World Liberty

President Trump says he knows nothing about a UAE-linked investment in World Liberty Financial, his crypto venture, and defends his ties to the UAE. Midterm results give Democrats control of congressional committees.

Illustration: Voters in a short line outside a polling station on a calm morning, drawn from far away as small anonymous figures, with plain ballot boxes by the entrance.
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President Donald Trump was asked about foreign money in World Liberty Financial, the crypto venture linked to him. He said he knows nothing about the UAE-linked investment. He also defended his ties to the United Arab Emirates.

In his answer, he pointed to index funds, his sons and George Washington. He also said past presidents owned whatever crypto existed at the time.

The questions come after midterm elections that hand Democrats control of congressional committees. That control brings the power to issue subpoenas, which are legal orders to produce documents or testimony.

GuideCrypto Fear and Greed Index today: how fearful or greedy the crypto market is

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