Trump’s World Liberty Financial Tokens Linked to Sanctioned Entities
President Donald Trump's cryptocurrency venture, World Liberty Financial, faces scrutiny after a report revealed transactions with entities tied to North Korea and Iran. The initiative, which has generated over $1 billion in personal wealth for Trump, allegedly sold tokens to high-risk actors, including sanctioned money-laundering platforms.
Trump has personally earned more than $57 million from the venture, with crypto assets now accounting for 73% of his net worth. The report highlights specific transactions, such as a $10,000 purchase by a trader linked to a North Korean entity, raising national security and regulatory concerns.
Despite Trump's pro-crypto stance, the findings underscore potential risks in the rapidly expanding digital asset space. The TRUMP family's aggressive push into crypto has drawn attention to the need for stricter oversight in dealings with sanctioned parties.