U.S. Senators have urged a federal investigation into World Liberty Financial (WLF) due to concerns over foreign investments and national security risks. The involvement of the Trump family and connections to prominent crypto figures like Justin Sun, along with financial partners such as DWF Labs and MGX Fund Management Limited, have prompted scrutiny over potential conflicts of interest.
The Senate is particularly focused on the governance of WLF's tokens and stablecoins, including USD1, and their links to entities associated with sanctioned countries. Senate Resolution 243, introduced by Senator Blumenthal, seeks to evaluate the national security risks and ethical governance of crypto investments involving political leaders.
U.S. Senators Call for Federal Probe into World Liberty Financial
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
