Aqua 1 Foundation, described as a UAE investment institution, has spent $100 million on WLFI tokens issued by World Liberty Financial, the crypto project linked to U.S. President Trump’s family, surpassing Justin Sun’s cumulative $75 million and becoming the largest buyer. Reporting identifies Shanghai-born Chinese national Zhou Guren as Aqua 1’s actual controller and main financier. Zhou is listed in China as a dishonest judgment debtor in six cases with combined unpaid debts of about 25 million yuan and appears in a UK Crown Prosecution Service indictment tied to a money-laundering case. Blockchain tracing and corporate records connect the purchase path to wallets and British Virgin Islands entities linked to Web3Port, which bought $20 million of WLFI in January 2025 before related naming shifts toward Aqua 1 and a further $80 million purchase marked to an “aqua1” wallet in June. Aqua 1 has denied ties to unrelated entities, while registries in Abu Dhabi and Dubai reportedly could not confirm its registration. Critics say Zhou’s record and the size of the bet should have triggered source-of-funds scrutiny; a WLFI spokesman said the firm complies with applicable laws but declined to address the funds’ origin.