Of all the riddles wrapped in the digital wallets sending funds to U.S. President Donald Trump¡¯s World Liberty Financial crypto business, a little-known entity last month became the biggest.
A venture calling itself Aqua 1 Foundation and saying it is based in the United Arab Emirates announced in late June it had bought $100 million worth of World Liberty¡¯s crypto tokens, becoming the largest publicly known investor in the business. Yet a review by Reuters of corporate registries, Aqua 1¡¯s digital profile and other public information reveal almost nothing about the source of its capital or the person it named as its founding partner, Dave Lee.
Reuters could not find a way of contacting Lee directly. An Aqua 1 press release, which was published on Reuters.com as sponsored content, listed an email for a person named Dora Lee as a media contact. In response to a Reuters request, the company last month provided an unsigned statement, saying: ¡°At this stage, we are not disclosing additional information beyond what has been publicly shared.¡±
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