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Trump-Linked Crypto Venture Faces Scrutiny Over Alleged Ties to Sanctioned Entities
Trump-Linked Crypto Venture Faces Scrutiny Over Alleged Ties to Sanctioned Entities
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BTCCSquare news:
Government watchdog Accountable.US has labeled former President Donald Trump's World Liberty Financial crypto venture an 'American Sell-Out,' alleging it facilitated token sales to entities linked to North Korea, Iran, and sanctioned money-laundering platforms. The report highlights transactions exceeding $1 billion, raising national security concerns as Trump's digital asset empire expands.
Specific transactions include a $10,000 purchase on Inauguration Day by a trader linked to North Korea's Lazarus Group, alongside 3,500 tokens sold to a user active on Iran's largest crypto exchange. The venture also allegedly engaged with 62 users of Tornado Cash, a mixing service previously sanctioned for laundering over $1 billion in illicit assets.
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