🔥 BitDegree partnered with Ogvio - a free international money transfer service! Sign up now & grab Rewards! 🎁

US Senator Flags $187 Million UAE Payment to WLFI as ‘Criminal Conduct’

Key Takeaways

  • ​Senator Chris Murphy alleged President Donald Trump and allies received secret UAE payments tied to defense tech access;
  • A Wall Street Journal report links a $500 million UAE deal with Trump’s World Liberty Financial firm;
  • Murphy warned that those involved could face criminal charges for possible bribery and corruption.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

US Senator Flags $187 Million UAE Payment to WLFI as ‘Criminal Conduct’

Senator Chris Murphy from Connecticut raised concerns about alleged payments from a United Arab Emirates investor connected to President Donald Trump’s business interests.

He warned that such actions could result in criminal charges, particularly if linked to the exchange of restricted US defense technology through a deal involving World Liberty Financial.

Murphy stated in a post on X that a UAE investor sent President Trump $187 million and Trump’s Middle East envoy $31 million.

5 Best Crypto Portfolio Diversification Strategies (Animated Explanation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

In return, the investor allegedly gained access to sensitive defense information. He called the situation “brazen” and said it should not be accepted as standard political behavior.

During a Senate address, Murphy summarized the sequence as a flow of secret payments to the Trump and Witkoff families, followed by the transfer of sensitive military technology to the UAE. He stated:

That is corruption. Those are the elements of a bribe. This is potentially criminal conduct.

Murphy also said that while accountability might take time under the current leadership, he believed it would come eventually. He closed his remarks by asserting that the justice system would prevail and that those who accepted money in exchange for influence would “go to jail".

The controversy stems from a Wall Street Journal report about a $500 million agreement between Aryam Investment, a UAE entity linked to Sheikh Tahnoon bin Zayed, and World Liberty Financial.

Recently, President Trump said he was unaware of a large investment tied to a member of the Abu Dhabi royal family and the World Liberty Financial project. What did he say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

ZERO FEES

For Ogvio Money Transfers
Rating
5.0