President Donald Trump said he knew nothing about foreign investment in World Liberty Financial, the crypto business he co-owns, when questioned about potential conflicts of interest during a 60 Minutes interview.
According to a Jinse Finance brief published on November 9, 2026, at 18:46:13 UTC+8, citing The Block, Trump said his sons run the company.
Asked why he could not sell his stake while allowing his sons to continue operating the business, Trump responded by asking how he could divest from cash. He also said most of his wealth was held at major Wall Street institutions and invested in index funds.
The reported investment behind the questions
The report cited earlier reporting by The Wall Street Journal that an investment vehicle backed by UAE national security adviser Sheikh Tahnoon had acquired a 49% stake in World Liberty Financial for $500 million before Trump’s inauguration.
The account centers on ownership and potential conflicts of interest, rather than evidence of adoption of the company’s crypto offerings. Trump’s stated lack of knowledge and his description of his sons’ management role were his responses to those questions; they do not independently resolve the concerns raised in the interview.
