US senators call for investigation into possible links between WLFI and North Korea and Russia
U.S. senators, including Elizabeth Warren and Jack Reed, have called for an investigation into the sale of tokens on the World Liberty Financial (WLFI) platform to individuals associated with sanctioned entities, including North Korea and the Russian Federation. According to them, WLFI's activities may pose a threat to US national interests. They noted that WLFI sold tokens to individuals with ties to known criminal groups, such as the Lazarus group and users of Iranian exchanges.
Source Incrypted
The senators demanded that the Attorney General and the Secretary of the Treasury provide information on possible risks to US national security, determine what requirements are imposed on the platform's token holders, and conduct a conflict of interest review related to financial activities that may provide benefits to third-party states by December 1, 2025. They believe that WLFI could undermine U.S. efforts to combat the financing of terrorism and corruption internationally.