Overview

• Multiple UAE authorities, including Abu Dhabi Global Market, DIFC and VARA, report no license or registration record for Aqua 1 Foundation
• The fund’s named founding partner, Dave Lee, remains an unverifiable figure with only a sparse social media presence and no confirmed background
• Arkham blockchain data shows Aqua 1’s wallet received about $90 million from OKX and sent $80 million to World Liberty Financial before its public $100 million purchase
• The $100 million investment bolstered President Trump’s personal crypto platform, where his family collects 75% of token sale proceeds
• The White House insists Trump’s assets are insulated by a family trust, but ethics experts say opaque foreign funding erodes public trust