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A $500M UAE stake in the family crypto firm before inauguration

Yes, really. Here are the receipts.

What actually happened

UAE security chief Sheikh Tahnoon invested $500M in the Trump family's crypto firm 4 days before inauguration, gaining 49%. Soon after, Trump announced a $500B AI project including the sheikh's firm MGX and approved major AI chip sales to the UAE.

The receipts

UAE 'Spy Sheikh' bought stake in Trump crypto company: WSJ
CNBC

Months after the UAE's national security adviser secretly bought half the family crypto firm, the U.S. agreed to sell his country 500,000 advanced AI chips a year. A fifth of those chips flow directly to the sheikh's own AI company...

UAE-linked firm bought major stake in Trump family crypto company, Wall Street Journal reports
CNN

Documents show $187 million wired up front to Trump family entities, with the sheikh's lieutenants taking seats on the board. What the White House and the company say about the chips connection...

How Trump's $500 Million UAE Crypto Deal Trades U.S. National Security for Family Profit
Center for American Progress

The sequence runs from secret stake to export-control reversal, with congressional committees now pulling the threads. Where MGX, the $2 billion Binance investment, and the Stargate project fit in...

Original reporting: The Wall Street Journal investigation (Jan. 31, 2026) broke this story; the coverage above credits and links it directly.

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