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Jai Hamid

U.S. Senators Seek Probe Into World Liberty Financial Over Alleged Token Sales to Sanctioned Buyers

U.S. Senators Elizabeth Warren and Jack Reed have requested an investigation into World Liberty Financial, alleging the Trump-affiliated crypto firm sold $WLFI governance tokens to buyers linked to sanctioned entities in Russia, North Korea, Iran, and Tornado Cash. A watchdog report cited by the lawmakers claims token sales included wallets tied to North Korea's Lazarus Group and a sanctioned Russian tool. The Trump family holds 22.5 billion tokens and receives 75% of revenue from all sales, raising national security concerns.
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