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Trump-linked World Liberty faces scrutiny over ties
CoinDesk·
World Liberty Financial, a cryptocurrency venture linked to Donald Trump, is under renewed scrutiny following a partnership with AB DAO. The latter's recent project involved individuals later sanctioned by the U.S. and Britain for alleged ties to a major fraud network. World Liberty Financial asserts it conducted due diligence and has no relationship with sanctioned figures. However, reports indicate the company was unaware of AB DAO's promotion of a resort linked to Cambodia's Prince Group, described by U.S. authorities as a significant transnational criminal network. This situation raises further governance concerns for World Liberty Financial.
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fintech
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crypto
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CoinDesk — coindesk.com