An Abu Dhabi royal, identified as a "spy sheikh," has invested in the new World Liberty Bank, a cryptocurrency venture linked to the Trump family. The royal has backed a 49% stake in the entity that is behind the bank.
Details of the investment emerged as the bank prepares to launch. The specific role and extent of the royal's involvement in the bank's operations remain unclear, but the investment signals international backing for the nascent cryptocurrency financial institution. The Trump family's connection to the venture has drawn attention, and this new investment adds another layer of international financial interest.