US Senators Urge Investigation into Trump-Linked Crypto Firm Over Alleged Ties to North Korea and Russia

Two U.S. senators have called on the Department of Justice and Treasury to investigate World Liberty Financial, a cryptocurrency firm associated with the Trump family, over potential national security risks. CNBC reports that Senators Elizabeth Warren and Jack Reed raised concerns in a letter, citing alleged links between the firm and entities connected to North Korean hackers, sanctioned Russian tools, Iranian crypto exchanges, and Tornado Cash. The letter also referenced a report by Accountable.US, which alleged that WLFI tokens were sold to suspicious entities, highlighting inadequate safeguards against illicit activities.