A close associate of the Abu Dhabi royal family secretly spent $500 million to acquire a 49% stake in Trump's WLFI company.

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PANews reported on February 1st that, according to the WSJ, sources familiar with the matter revealed that a close associate of the Abu Dhabi royal family secretly signed an agreement with the Trump family days before Donald Trump's inauguration last year to acquire a 49% stake in World Liberty Financial, a new cryptocurrency company owned by the Trump family, for $500 million. The buyer will pay half upfront, with $187 million going to a Trump family entity.

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