Sen. Warren Keeps Pressure on Trump Crypto Ties as Market Structure Bill Negotiated

Senator Elizabeth Warren, the ranking Democrat on the Senate Banking Committee, along with Senator Jack Reed, sent a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi. The letter requested information concerning reports that Trump-linked World Liberty Financial Inc. (WLF) allegedly sold tokens to "North Korea, Russia and other illicit actors." The senators argue these sales raise serious questions about WLF's due diligence regarding sanctions evasion and money laundering. Warren and other Democrats are using Trump's alleged crypto conflicts of interest to maintain pressure while legislative efforts for a crypto market structure bill proceed in the Senate Banking and Agriculture Committees, despite Warren's continued opposition to the industry's risk profile.

(Source：CoinDesk)