Democratic Senators Demand Probe into Cryptocurrency Firm Tied to Trump

Two Democratic senators, Elizabeth Warren and Jack Reed, have called on the U.S. Department of Justice (DOJ) and the Treasury Department to investigate World Liberty Financial (WLFI), a cryptocurrency firm with ties to the Trump family. The senators expressed concerns about potential connections between WLFI and illicit actors, citing allegations that the firm sold tokens to entities linked to North Korea, Russia, and other dubious organizations. They highlighted the risk this poses to national security, emphasizing that the firm’s sale of tokens raised alarms regarding its involvement in money laundering activities.