Trump-Backed World Liberty Financial Faces Scrutiny Over Partnership With Sanctioned Associates

World Liberty Financial is facing scrutiny after partnering with a blockchain project whose flagship initiative involved sanctioned individuals.

“Trump-linked World Liberty faces scrutiny over ties to sanctioned network: The Times A deal with an Asia-based blockchain project followed recent links to individuals later sanctioned over alleged ties to a major fraud network What to know: - A Trump-linked cryptocurrency venture, World Liberty Financial, is under renewed scrutiny after partnering with AB DAO, whose recent flagship project involved individuals later sanctioned by the United States and Britain”

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The Times reported WLFI was unaware AB DAO had promoted a resort tied to the Prince Group.

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WLFI insists it conducted due diligence and has no relationship with sanctioned figures.

The deal came just weeks after coordinated US-UK sanctions against Prince Group founder Chen Zhi.

The partnership deepened concerns about WLFI’s governance and vetting processes.

WLFI reviewed the project but did not uncover connections to sanctioned individuals.

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The controversy comes on top of a $500 million deal giving a UAE security adviser a 49 percent stake.

Legal experts have voiced concerns about potential conflicts of interest.

The case drew attention to how DeFi projects structure partnerships and manage risk.

“A cryptocurrency venture co-founded byU”

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AB DAO’s resort project involved individuals later sanctioned by the US Treasury in a crackdown on the Prince Group.

The partnership amplified the spotlight on challenges of reconciling political affiliations with cryptocurrency.