CNBC August 27, 2026 • 20:16

UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports - CNBC

By Luke Fountain

UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports - CNBC

World Liberty’s proposed trust bank has preliminary federal approval as the Trump-backed crypto venture deepens its ties to a senior UAE official.

The powerful United Arab Emirates official known as the "spy sheikh" is behind the largest stake in the holding company for the Trump family's planned crypto bank, further deepening his financial tie… [+2319 chars]

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