AiCoin
AiCoin|Nov 18, 2025 11:35
**[U.S. Senators Call for Investigation into Trump Family-Linked Crypto Company WLF]** U.S. Senators Elizabeth Warren and Jack Reed have sent a letter to the Department of Justice and the Department of the Treasury, requesting an investigation into the cryptocurrency company World Liberty Financial (WLF), which is closely associated with the Trump family. WLF has been accused of allegedly selling its WLFI tokens to entities linked to illicit actors in North Korea, Russia, and other regions, potentially posing national security risks. A report by the nonprofit organization Accountable.US claims that WLF sold tokens to "highly suspicious entities" that have connections to sanctioned North Korean hacker group Lazarus Group, Russian sanction-evasion tools, Iranian crypto exchanges, and Tornado Cash. According to WLF's website, Eric Trump, Donald Trump Jr., and Barron Trump are listed as co-founders, while the entity DT Marks DEFI LLC holds a majority stake in WLF and is entitled to 75% of the token sales revenue. The senators argue that this could allow illicit actors to influence WLF's governance and warn of its lack of effective sanctions compliance and anti-money laundering controls.
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads