House probe targets WLFI after report of $500 Million UAE stake

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Congressional investigators are probing WLFI, a Trump-linked crypto firm, over reports of a $500 million UAE stake and its involvement in a $2 billion Binance transaction, seeking ownership records and payment trails.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Billion Binance transaction

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Original article published by CoinDesk on February 5, 2026.
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