
World Liberty received $100M investment
- World Liberty reportedly received a US$100 million investment from a businessman under money laundering investigation.
- The report said the investment has drawn renewed scrutiny of the project’s funding.
- The businessman has not been convicted of money laundering, and the investigation is ongoing.
World Liberty reportedly received a US$100 million investment from a businessman under money laundering investigation, according to The New York Times.
The report said the investment has attracted renewed attention to the project’s funding and investor relationships.
The report said investigators are examining financial transactions linked to the businessman.
The businessman has not been convicted of money laundering, and the investigation is ongoing, according to the report.
World Liberty has faced scrutiny over its investors and funding sources in recent months.
The report said regulators and lawmakers continue examining cryptocurrency projects and their financial backers.
The report said the investment and the investigation could continue attracting regulatory and political attention.
Frequently asked questions
More from Crypto
Bithumb reports data breach amid South Korea cyberattacks
VanEck launches diversified ETF with Bitcoin exposure
Crypto.com launches US crypto perpetuals with 5x leverage
Binance seeks Brazil licence amid service cuts
Janus Henderson launches tokenised Nasdaq-100 fund
Circle expands USDC settlement through Latin American payments
