Senators Urge DOJ and Treasury to Probe World Liberty Financial’s WLFI Token Over Suspected North Korea and Russia Ties

Two Democratic U.S. senators have pressed federal authorities to scrutinize a cryptocurrency company closely tied to the Trump family, citing possible vulnerabilities that could allow illicit actors to move funds or influence governance. In a CNBC-exclusive letter, Elizabeth Warren and Jack Reed, members of the Senate Banking Committee, urged the Department of Justice and the U.S. Treasury to assess whether World Liberty Financial and its WLFI token pose a national security risk. They pointed to reported gaps in cybersecurity and governance controls, referencing a September report by Accountable.US alleging WLFI token sales to entities described as highly suspicious, including groups with ties to North Korea and Russia, plus a sanctioned entity and a noted money-laundering platform. The letter calls for rigorous regulatory oversight and comprehensive AML measures in crypto operations.