U.S. President Trump said he knows nothing about foreign investment in the crypto venture he jointly holds, World Liberty Financial, which is run by his sons.
According to a Nov. 9 report from The Block, Trump was questioned during a 60 Minutes interview about potential conflicts of interest tied to the firm. He responded that he had no knowledge of the matter and reiterated that his sons operate the company.
When asked why he could not sell his stake while allowing his sons to continue running it, Trump questioned how one withdraws from cash holdings. He added that most of his wealth is held with major Wall Street institutions and invested in index funds.
The report cited a prior Wall Street Journal item stating that an investment vehicle backed by UAE national security adviser Sheikh Tahnoon acquired a 49% stake in World Liberty Financial for $500 million before Trump took office.
Source (published 9 Nov 2026; cites The Block)
