World Liberty Financial received $100M from businessman Guren Zhou under active money laundering investigation by British authorities.
Regulation & Gov ·
World Liberty Financial received $100 million from businessman Guren "Bobby" Zhou, who is the subject of an active money laundering investigation by British authorities. Zhou has not been charged in connection with the probe, though officials told the Times that the investigation remained ongoing as of late July.
The donation represents a significant capital infusion into the crypto project, though its timing coincides with regulatory scrutiny of the funding source. The relationship between World Liberty and Zhou raises questions about the due diligence processes applied to major financial commitments in the sector.
It remains unclear what specific activities prompted the British investigation into Zhou or whether World Liberty conducted background checks on the donor prior to accepting the funds.