Trump-linked World Liberty Financial questioned over partner’s prior links to sanctioned network
CoinDesk
World Liberty Financial faces scrutiny for partnering with AB DAO, linked to individuals sanctioned over fraud.Summary
World Liberty Financial (WLFI), a cryptocurrency venture linked to former U.S. President Donald Trump, is under scrutiny for its partnership with the blockchain project AB DAO. The Times reported that AB DAO had recently promoted a resort project involving individuals later sanctioned by the U.S. and U.K. for alleged ties to a major transnational criminal network, the Prince Group. WLFI stated it conducted due diligence and has no association with the sanctioned individuals. This development adds to existing questions about WLFI's governance and external relationships, including a prior deal involving a UAE national security adviser acquiring a significant stake.
(Source：CoinDesk)