According to ChainCatcher, citing a report by The New York Times, World Liberty Financial (WLFI), the crypto project associated with the Trump family, received a $100 million purchase of its governance tokens. The buyer was businessman Guren “Bobby” Zhou, and the transaction was carried out through an entity called Aqua 1. The report notes that Zhou was arrested in the United Kingdom in 2021 on suspicion of money laundering. He remains tied to an active investigation, according to the report, although he has not yet been charged. UK court records accuse Zhou and five other individuals of involvement in money laundering activities that began in 2019. Two of his long-time employees were indicted last September, and one of those employees has pleaded guilty. The report adds that as much as $75 million from the transaction went to companies controlled by Trump and his sons. The details come from The New York Times report, as relayed by ChainCatcher.
World Liberty Financial (WLFI), the crypto project linked to the Trump family, has received a $100 million purchase of its governance tokens from businessman Guren “Bobby” Zhou, according to a New York Times report cited by ChainCatcher. The purchase was processed through an entity called Aqua 1.
Zhou was arrested in the United Kingdom in 2021 on suspicion of money laundering. He remains connected to an ongoing investigation but has not been charged. UK court records claim Zhou and five others were involved in money laundering that began in 2019. Two longtime employees of Zhou were indicted last September; one has pleaded guilty.
As much as $75 million of the token purchase flowed to companies controlled by Trump and his sons.
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