Trump Family Receives $500 Million UAE Investment

The Wall Street Journal reported on January 31 that four days before Donald Trump's inauguration a UAE royal committed $500 million to a Trump-family cryptocurrency company, producing $187 million upfront for the Trump family and $31 million to Steven Witkoff's family. Two months later the Trump administration approved UAE access to roughly 500,000 high-performance chips annually, prompting national-security and corruption concerns.