1. United States
2. Wash.
3. Letter

I urge you to oppose and block any crypto industry legislation that weakens oversight, deregulates protections, or codifies corruption. New reporting has revealed that Sheikh Tahnoon bin Zayed Al Nahyan, a member of the UAE royal family and the nation’s foreign national security advisor, secretly acquired a nearly 50 percent stake in a Trump-linked crypto venture through a $500 million investment. Significant funds flowed directly to Trump-connected entities, and executives tied to that foreign power now sit on the company’s board. This deal occurred shortly before U.S. policy decisions that benefited the investor’s government. These revelations raise serious concerns about corruption, conflicts of interest, and national security. Advancing crypto legislation that weakens guardrails in this context would reward precisely the behavior Congress should be investigating. The Senate has a responsibility to protect financial stability, consumers, and the integrity of democratic governance. Crypto bills that serve industry interests while enabling political profiteering fail that test. I urge you to stand firm, reject these bills, and make clear that corruption will not be written into federal law.