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Trump's crypto firm sold tokens to North Korea, Iran and Russia

From thestreet.com

A crypto venture backed by U.S. President Donald Trump and his family, World Liberty Financial (WLFI), is facing rising scrutiny after reports of token sales to sanctioned entities. According to watchdog group Accountable.us, WLFI’s tokens moved into the hands of users linked with North Korea’s Lazarus Group, Iran’s Nobitex exchange, Russian traders and even Tornado Cash, the crypto mixer. The report highlights one moment in particular. On Jan. 20, 2025, the very day of Trump’s inauguration — WLFI sold 600,000 WLFI tokens worth about $10,000 to a wallet named Shryder.eth. That might have passed as a routine trade, ... (full story)

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  • Category: Fundamental Analysis