BlockBeats news: On February 2, according to a report by the Wall Street Journal, U.S. Senator Elizabeth Warren has called for a congressional hearing regarding the $50 million investment by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan in WLFI shares. The transaction documents were signed by Eric Trump, with approximately $18.7 million directly flowing into Trump family-related entities, and at least $31 million going to entities associated with Trump ally Steve Witkoff.
Elizabeth Warren stated that the move was "nothing but corruption," and called on the Trump administration to revoke its decision to sell sensitive artificial intelligence chips to the United Arab Emirates. She also demanded that Trump administration officials, including Steve Witkoff, White House crypto advisor David Sacks, and Secretary of Commerce Howard Lutnick, testify before Congress on the matter, accusing them of endangering U.S. national security to benefit a cryptocurrency company associated with the president.