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Rebecca Ballhaus

@rebeccaballhaus

Investigations reporter @WSJ

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25.01.2025
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Latest posts by Rebecca Ballhaus @rebeccaballhaus

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‘Spy Sheikh’ Bought Secret Stake in Trump Company $500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips.

Four days before Trump’s inauguration, lieutenants to an Abu Dhabi royal secretly signed a deal w/the Trump family to buy a 49% stake in World Liberty Financial for $500M, according to docs & people familiar. The buyer paid half up front, steering $187M to Trump entities.
www.wsj.com/politics/pol...

01.02.2026 16:23 👍 194 🔁 114 💬 11 📌 14
Preview
The Father Pursues Trump’s Diplomatic Deals. The Son Chases Crypto Deals. While Steve Witkoff travels the world as Middle East envoy, his son Zach is pitching foreign deals for his cryptocurrency venture with the Trumps.

Last month, Zach Witkoff met w/senior officials in Pakistan to discuss how World Liberty could "tokenize" buying & selling the country's rare-earth minerals.

At the same time, Pakistan has been in talks to strike a minerals deal w/the U.S. potentially worth trillions.
www.wsj.com/finance/curr...

23.05.2025 03:19 👍 15 🔁 7 💬 2 📌 0