WSJ Links Trump Crypto Venture to Sanctioned Entities Allegedly Tied to Pig Butchering Scam Network

A Wall Street Journal investigation has linked World Liberty Financial (WLF), a crypto venture associated with Donald Trump, to AB, a virtual-currency company whose key figures were sanctioned by the U.S. Treasury for alleged ties to a transnational pig butchering scam network that stole billions from Americans. The partnership enabled WLF’s USD1 stablecoin on AB's platform just weeks after sanctions were imposed.

By Ahmed Barakat May 2, 2026 4 min read · Yahoo Finance ·

WSJ Links Trump Crypto Venture to Sanctioned Entities Allegedly Tied to Pig Butchering Scam Network

Topics: crypto DOJ investigation sanctions scams stablecoins

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