Authorities watchdog Accountable.US accused President Trump’s World Liberty Financial crypto enterprise of promoting tokens to entities linked to North Korea, Iran, and sanctioned money-laundering platforms in a brand new report titled “American Promote-Out.”
The findings elevate nationwide safety considerations as Trump’s crypto empire has generated over $1 billion in personal wealth whereas his household ventures develop quickly throughout the digital asset sector.
The report recognized particular transactions, together with a $10,000 buy on Inauguration Day by “Shryder.eth,” a dealer who performed 55 transactions with a Treasury-sanctioned North Korean Lazarus Group pockets.
Supply: Accountable.US’s report
World Liberty Monetary additionally offered practically 3,500 tokens to a person who deposited over $26,000 on Iran’s largest crypto alternate and controls a pro-Iran social media account posting anti-American content material.
Extra regarding gross sales included over 10,000 tokens to a person who engaged with A7A5, described as a Russian “ruble-backed sanctions evasion instrument” whose creators confronted U.S. sanctions in August 2025.
In accordance with the report, the enterprise additionally offered tokens to at the very least 62 customers who beforehand utilized Tornado Cash, a crypto mixing service that helped launder over $1 billion in illicit property earlier than Trump lifted Biden-era sanctions in March 2025.
The Accountable.US investigation revealed ‘troubling’ transaction patterns connecting World Liberty Monetary token patrons to America’s main adversaries.
On January 20, 2025, person “Shryder.eth” bought 666,666 WLFI tokens for $10,000, later receiving a further $47 in promotional tokens throughout a June airdrop marketing campaign.
Blockchain evaluation revealed that Shryder.eth had beforehand acquired a number of funds from wallets now sanctioned by the Treasury’s Workplace of International Asset Management for their affiliation with the Lazarus Group.
This North Korean state-sponsored hacking group was sanctioned by Trump’s first administration in 2019 and added to the FBI’s “Cyber Most Needed Listing” in 2020.
Following the Lazarus Group transactions in 2022, Shryder.eth was blocked from mainstream crypto platforms, together with Uniswap and OpenSea.
Supply: Accountable.US’s report
These companies solely prohibit wallets “owned or related to clearly unlawful conduct like sanctions, terrorism financing, hacked or stolen funds,” based on Uniswap’s screening pointers.
The Iranian connection concerned person “0x062,” who bought 3,468 WLFI tokens in October 2024 whereas sustaining over $26,000 in deposits on NoBitex.IR, Iran’s largest crypto alternate.
This platform has facilitated sanctions violations and served “a variety of illicit actors,” together with IRGC-affiliated ransomware operators and Hamas-linked networks.
In accordance with the report, the person seems related to an X account, which has reposted pro-Iran content material and threats that U.S. warships “will sleep on the ocean flooring” if America enters the Israel-Iran battle.
World Liberty Monetary solely disclosed blacklisting 5 accounts for “excessive threat publicity” on September 5, 2025, together with the pockets of Tron’s founder Justin Solar, months after the controversial token gross sales occurred.
The corporate didn’t blacklist Shryder.eth till August 31, 2025.
The delayed response got here as Trump’s crypto ventures confronted mounting scrutiny over international entanglements.
Trump’s monetary disclosure revealed he personally earned over $57 million from World Liberty Monetary, with crypto property now comprising 73% of his web value.
The Trump household’s digital empire expanded quickly, rising from 60 to 185 Bitcoin treasury firms in twelve months whereas producing billions in buying and selling quantity totally on international exchanges.
The nationwide safety implications prolong past particular person transactions.
Senator Elizabeth Warren demanded solutions from the Trump administration following the Lazarus Group’s $1.5 billion hack of crypto alternate Bybit, warning that pending GENIUS Act laws may “create a superhighway for Donald Trump’s corruption” with insufficient safeguards.
As of August, Trump Media & Expertise Group holds roughly $2 billion in Bitcoin, representing 40% of the corporate’s market capitalization.
Nonetheless, TMTG shares have persistently underperformed Bitcoin itself, falling 47% over six months whereas Bitcoin gained 10.6% throughout the identical interval.
Most lately, Eric Trump, co-founder of an American Bitcoin mining firm, a Bitcoin mining firm tied to President Donald Trump, noticed its inventory surge on September 3, boosting their paper wealth by greater than $1.5 billion.
Identical to Sen Warren, Accountable.US Government Director Tony Carrk questioned why the Trump household crypto empire accepts cash from “shady traders tied to Iran and a infamous money-laundering platform.”
He referred to as for a congressional investigation into international affect channels and the guardrails that stop presidents and their households from enriching themselves by means of digital property whereas sustaining entry to delicate authorities info.
Learn unique story Watchdog Labels Trump’s Crypto Venture ‘American Sell-Out’ for Alleged North Korea, Iran Token Sales by Anas Hassan at Cryptonews.com
