Two cryptocurrency tokens with direct ties to Donald Trump’s family business have plunged by double digits, dramatically underperforming a slumping broader market, following the launch of a Democrat-led congressional investigation. The probe into a $500 million deal between World Liberty Financial and a UAE royal has intensified political scrutiny, sending the TRUMP and WLFI tokens tumbling 14.6% and 10.8% respectively in 24 hours. Analysts suggest the wider crypto selloff, driven by risk-off sentiment and record ETF outflows, may stabilize once leverage clears.
about Trump-Linked Crypto Tokens Plummet Amid Democrat InvestigationSteve Witkoff
2 posts last weekUAE $500M Trump Crypto Deal Sparks U.S. Policy Probe
A $500 million investment by a UAE royal family member into a cryptocurrency firm linked to the Trump family has triggered a congressional investigation into whether the transaction improperly influenced U.S. policy on exporting advanced AI chips. Representative Ro Khanna (D-CA-17) is demanding extensive records from World Liberty Financial, probing potential conflicts of interest and national security risks tied to a swift policy reversal that benefited the UAE investor.
about UAE $500M Trump Crypto Deal Sparks U.S. Policy ProbeUAE $187M Trump Deal Sparks Corruption, Jail Warning
A $500 million investment by a United Arab Emirates entity into a Trump-linked cryptocurrency firm has ignited a political firestorm, with senior U.S. Democrats warning of potential criminal charges. The deal, which directed $187 million to Trump family entities just days before his 2017 inauguration, preceded a controversial reversal of U.S. policy granting the UAE expanded access to restricted artificial intelligence chips. Senator Chris Murphy (D-CT) has labeled the sequence “brazen, open corruption” and warned those involved could face jail time, framing the transaction as a bribe-for-technology swap that compromised national security.
about UAE $187M Trump Deal Sparks Corruption, Jail WarningMacron Urges China on Ukraine as US Envoy Meets Kyiv Officials
French President Emmanuel Macron’s state visit to China has placed dual pressure on Beijing: to leverage its relationship with Russia to help end the war in Ukraine and to increase investment in France to narrow a persistent trade deficit. This high-stakes diplomatic mission unfolds alongside continued US shuttle diplomacy, as Special Envoy Steve Witkoff meets Ukrainian officials after talks in Moscow, highlighting the intricate intersection of geopolitics and global economic interests.
about Macron Urges China on Ukraine as US Envoy Meets Kyiv OfficialsFed Beige Book, Stablecoins & Russia-Ukraine Plan on Bloomberg
Today’s Bloomberg Businessweek Daily episode delivers critical financial insights across monetary policy, digital payments, and geopolitical developments. The show features expert analysis of the Federal Reserve’s Beige Book ahead of the pivotal December FOMC meeting, examines the business viability of stablecoins with ACI Worldwide’s CFO, and reveals exclusive reporting on Steve Witkoff’s advisory role in Russia-Ukraine negotiations, connecting financial markets with international diplomacy.
about Fed Beige Book, Stablecoins & Russia-Ukraine Plan on BloombergTrump’s $3.5B DeFi Project Sparks Political Controversy
A major Ethereum-based DeFi project co-founded by former President Donald Trump and his sons has reached a $3.56 billion market capitalization while drawing sharp criticism from Democratic lawmakers over potential conflicts of interest. World Liberty Financial, which aims to revolutionize digital finance through its WLFI token and USD1 stablecoin, has generated substantial financial gains for the Trump family amid growing political scrutiny and calls for Treasury investigations.
about Trump's $3.5B DeFi Project Sparks Political ControversyWarren Demands Probe Into Trump Officials’ UAE Tech Deals
Senator Elizabeth Warren is spearheading a high-stakes congressional demand for an ethics investigation into two Trump administration officials, alleging they oversaw the relaxation of sensitive technology exports to the United Arab Emirates while maintaining undisclosed financial ties to the very deals they championed. The probe targets White House AI and Crypto Czar David Sacks and Special Envoy Steve Witkoff, centering on potential conflicts of interest that lawmakers warn could compromise national security and corrupt the burgeoning digital asset market.
about Warren Demands Probe Into Trump Officials' UAE Tech DealsSenators Probe White House Officials Over UAE Crypto Conflicts
Two senior US senators are demanding a federal investigation into White House officials David Sacks and Steve Witkoff, alleging they have compromised national security through “unbridled conflicts of interest” involving the United Arab Emirates. In a formal letter dated September 23, 2025, Senators Elizabeth Warren and Elissa Slotkin accuse the officials of advocating for policy changes on cryptocurrency and semiconductor exports that align with their undisclosed financial interests, creating a dangerous overlap between official policymaking and private profit.
about Senators Probe White House Officials Over UAE Crypto ConflictsDemocrats Block Crypto Market Bill Over Security Probe
Democratic senators are threatening to block a key cryptocurrency market structure bill unless authorities investigate potential national security risks involving White House officials. Senators Elizabeth Warren and Elissa Slotkin have demanded probes into Trump’s crypto czar and Middle East envoy before supporting the legislation. The move creates significant hurdles for the bill’s passage in what was already expected to be a tight Senate vote.
about Democrats Block Crypto Market Bill Over Security ProbeSenators Probe Trump Officials Over UAE Crypto Deal Ethics
Democratic Senators Elizabeth Warren and Elissa Slotkin are demanding investigations into potential ethics violations by Trump administration officials regarding a $2 billion UAE investment in World Liberty Financial. The probe centers on interconnected deals involving AI chip exports and the Trump family’s cryptocurrency venture. The senators allege the transactions created troubling conflicts of interest and national security concerns.
about Senators Probe Trump Officials Over UAE Crypto Deal EthicsNewsom Mocks Trump with ‘Trump Corruption Coin’ Meme Token
California Governor Gavin Newsom revealed plans to launch ‘Trump Corruption Coin’ during an appearance on the Pivot podcast, framing it as a satirical response to President Trump’s Official Trump (TRUMP) meme coin on Solana. Newsom criticized Trump as ‘one of the great grifters of our time’ and promised his coin would outperform Trump’s token, which currently holds a $1.7 billion market cap despite trading 88% below its all-time high. The announcement comes amid ongoing Democratic criticism of Trump’s crypto ventures, including his recent WLFI token launch valued at $26 billion, in which the Trump family holds a $6 billion stake. Newsom’s move represents both political theater and commentary on the volatile nature of meme coins, which are known for extreme price swings and short lifespans.
about Newsom Mocks Trump with 'Trump Corruption Coin' Meme TokenPutin and Trump to Hold Summit Amid Ukraine War Talks
The Kremlin confirmed that Russian President Vladimir Putin and former US President Donald Trump will hold summit talks in the coming days, with preparations underway for the meeting. The announcement follows a lengthy discussion between Putin and Trump’s envoy, Steve Witkoff, regarding the ongoing conflict in Ukraine. While the exact location remains undisclosed, the summit signals a potential diplomatic shift amid heightened tensions. The meeting will be closely watched as global leaders, including Goldman Sachs’ Jari Stehn and Zurich Insurance CEO Mario Greco, weigh in on geopolitical and economic implications.
about Putin and Trump to Hold Summit Amid Ukraine War Talks