The post Trump and WLFI Debate Escalates! US Democrats Make New Move to Anger Trump! appeared on BitcoinEthereumNews.com. As the US tries to recover from the effects of the government shutdown, a new move has been made from the Democratic wing against President Donald Trump. US Senators Elizabeth Warren and Jack Reed have requested an investigation into World Liberty Financial (WLFI), a cryptocurrency project linked to President Donald Trump’s family, according to CNBC. Senators Warren and Reed, known for their anti-cryptocurrency stance, demanded an investigation into World Liberty Financial over alleged illicit funding connections. Accordingly, Warren and Reed, in a letter to the Department of Justice and the Treasury, expressed their concerns that WLFI may have ties to illicit actors in North Korea and Russia. In their letter, the senators highlighted reports that WLFI sold its tokens to entities linked to North Korean hacking groups, Russian sanctions-violating platforms, and cryptocurrency exchange Tornado Cash. The senators cited a report published in September by a non-governmental organization called Accountable.US, which alleged that the company sold 600,000 WLFI tokens worth $10,000 to suspicious entities linked to North Korea, Iran, and Tornado Cash, a money laundering service. Senators stated that World Liberty Financial’s AML (anti-money laundering), KYC (know your customer) and sanctions controls were inadequate, and that this situation could pose a risk to national security. Senators also criticized the company’s website for listing Donald Trump’s three sons – Eric Trump, Donald Trump Jr. and Barron Trump – as founders. As you may recall, Elizabeth Warren had previously stated that there was a conflict of interest in World Liberty Financial. Now, the two senators stated in the letter that 75% of the revenue from token sales also went to the Trump family, and criticized that “3/4 of the revenue from WLFI sales goes to the Trump family.” WLFI has not yet commented on the matter. *This is not investment advice. Follow our… The post Trump and WLFI Debate Escalates! US Democrats Make New Move to Anger Trump! appeared on BitcoinEthereumNews.com. As the US tries to recover from the effects of the government shutdown, a new move has been made from the Democratic wing against President Donald Trump. US Senators Elizabeth Warren and Jack Reed have requested an investigation into World Liberty Financial (WLFI), a cryptocurrency project linked to President Donald Trump’s family, according to CNBC. Senators Warren and Reed, known for their anti-cryptocurrency stance, demanded an investigation into World Liberty Financial over alleged illicit funding connections. Accordingly, Warren and Reed, in a letter to the Department of Justice and the Treasury, expressed their concerns that WLFI may have ties to illicit actors in North Korea and Russia. In their letter, the senators highlighted reports that WLFI sold its tokens to entities linked to North Korean hacking groups, Russian sanctions-violating platforms, and cryptocurrency exchange Tornado Cash. The senators cited a report published in September by a non-governmental organization called Accountable.US, which alleged that the company sold 600,000 WLFI tokens worth $10,000 to suspicious entities linked to North Korea, Iran, and Tornado Cash, a money laundering service. Senators stated that World Liberty Financial’s AML (anti-money laundering), KYC (know your customer) and sanctions controls were inadequate, and that this situation could pose a risk to national security. Senators also criticized the company’s website for listing Donald Trump’s three sons – Eric Trump, Donald Trump Jr. and Barron Trump – as founders. As you may recall, Elizabeth Warren had previously stated that there was a conflict of interest in World Liberty Financial. Now, the two senators stated in the letter that 75% of the revenue from token sales also went to the Trump family, and criticized that “3/4 of the revenue from WLFI sales goes to the Trump family.” WLFI has not yet commented on the matter. *This is not investment advice. Follow our…