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International Business Times UK
International Business Times UK
Business
Emmanuel Morilla

'The Due‑Diligence Gap': Trump‑Linked Crypto Took $100M From Man Under UK Money‑Laundering Probe

World Liberty Financial’s $100 million token sale to an Aqua 1-linked investor generated up to $75 million for a company controlled by Donald Trump and his sons (Credit: White House Photo by Molly Riley / Wikimedia Commons)

President Donald Trump's cryptocurrency venture received a $100 million (£73.9 million) investment from a businessman who had previously come under investigation in Britain for money laundering, according to an investigation. The money was channelled through a firm called Aqua 1 and generated payments for companies connected to Mr Trump, his sons and the family of a Trump administration envoy.

The transaction has drawn attention because it involved one of World Liberty Financial's largest token purchases by a businessman with a recent history of failed ventures. It also shows how a crypto token sale can generate substantial payments for companies linked to a sitting US president and his relatives.

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