House committee demands records from World Liberty Financial after reported $500M Abu Dhabi stake
A House panel has issued a records request to World Liberty Financial after reports that an Abu Dhabi-linked vehicle bought about 49% of the company for roughly $500 million; investigators want documentation showing who received proceeds, any governance changes, and how the firm’s USD1 stablecoin was used to settle a separate $2 billion transfer to a major crypto exchange. The committee set a firm deadline for document production and pressed for emails, board records, capitalization tables, and compliance files tied to foreign dealings and export-control considerations.
