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Tahnoon Bin Zayed Al Nahyan

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UAE Spy Sheikh Stakes 49% in Trump Family’s Crypto Bank Venture
business8 days ago

UAE Spy Sheikh Stakes 49% in Trump Family’s Crypto Bank Venture

The UAE’s national security adviser Sheikh Tahnoon bin Zayed al Nahyan and co‑investors hold a 49% stake in the Trump family’s World Liberty Financial bankholding entity WLTC Holdings, with Trump affiliates owning about 38%. World Liberty previously invested $500 million in January 2025, directing $263 million to Trump family entities. The Office of the Comptroller of the Currency granted preliminary conditional approval for a federally chartered national bank linked to a USD-denominated stablecoin, but the deal faces scrutiny due to Tahnoon’s status as a foreign official and ongoing U.S.–UAE policy talks on advanced AI chips. The White House has not commented on the arrangement.

Warren pushes Senate to reverse UAE AI-chip sale after Spy Sheikh revelations
politics7 months ago

Warren pushes Senate to reverse UAE AI-chip sale after Spy Sheikh revelations

Sen. Elizabeth Warren plans a Senate resolution condemning and seeking reversal of a deal that would ship 500,000 Nvidia AI chips annually to the United Arab Emirates, tying the move to revelations that Sheikh Tahnoon bin Zayed Al Nahyan secretly acquired a 49% stake in the Trump family’s World Liberty Financial days before Trump’s inauguration. The resolution would condemn Trump’s decision to allow the sale and call for its reversal, though it faces procedural hurdles in the Senate; the Trump administration denies wrongdoing.