World Liberty Financial partners with AB, a crypto venture linked to sanctioned individuals
Updated
Updated · The Wall Street Journal · Apr 28
World Liberty Financial partners with AB, a crypto venture linked to sanctioned individuals
8 articles · Updated · The Wall Street Journal · Apr 28
World Liberty Financial’s arrangement with AB was announced in November 2025, after the U.S. sanctioned over 140 people and companies tied to Prince Group’s scam operations.
The AB project included a planned blockchain-themed resort in East Timor led by two sanctioned men, who were later removed after U.S. actions. World Liberty says it conducted due diligence and denies any association with the sanctioned individuals.
AB claims the resort was independent and severed ties after sanctions, while World Liberty’s USD1 stablecoin remains the only one deployed on AB Chain. U.S. authorities continue to scrutinize links to transnational criminal activity.
Why did WLF's due diligence miss its partner’s public ties to a sanctioned criminal project?
After a presidential pardon, why does Binance still control the vast majority of WLF's stablecoin?
Is the Timor-Leste crypto resort a legitimate project or a front for money laundering?
Can investors trust a crypto company being sued over an alleged asset-seizing 'backdoor'?
What national security risks arise from a UAE official's stake in the President's family crypto firm?
How are global authorities combatting the multi-billion dollar 'pig butchering' scams devastating victims worldwide?