CNBC
UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports
Thursday, August 27, 2026
A senior United Arab Emirates official is backing a 49% stake in World Liberty, a cryptocurrency bank venture backed by the Trump family, according to the Wall Street Journal. The bank's proposed trust division has received preliminary federal approval. The official's identity and the timing of the stake acquisition were not specified in available reporting.
Original reporting: https://www.cnbc.com/2026/08/27/uae-spy-sheikh-trump-family-crypto-bank.html