A crypto firm linked to the Trump family is facing scrutiny over potential transactions with sanctioned countries. Senators have raised concerns that World Liberty Financial sold tokens to individuals connected to North Korea and Russia, raising national security risks. The investigation comes as lawmakers debate updates to cryptocurrency regulations, including potential exemptions for governance tokens. The senators are urging federal agencies to investigate the firm’s connections to the countries mentioned in the report. They also pointed out that ownership of the company by the Trump family raises concerns about potential conflicts of interest and the need for increased transparency and compliance. In response, World Liberty Financial claimed there were no conflicts of interest related to US government involvement but did mention rigorous KYC procedures for token buyers.