Trump crypto firm partner linked to ring of sanctioned scammers

May 1, 2026 - 19:06

Scott Melker recently highlighted a report that connects World Liberty Financial, the cryptocurrency platform backed by the Trump family, to a network of sanctioned crypto scammers. The link comes through the platform's partnership with AB Chain, a blockchain operator. According to the findings, AB Chain has been associated with a group of individuals who were officially sanctioned by the United States for running fraudulent crypto schemes.

The report raises questions about the due diligence performed before forming the partnership. World Liberty Financial has been marketed as a major step into decentralized finance by the Trump family, but this connection could undermine its credibility. Critics argue that aligning with any entity tied to sanctioned scammers shows poor judgment, regardless of intent.

Melker, who hosts a daily crypto segment, discussed the implications for investors and the broader crypto market. He noted that such associations can lead to increased regulatory scrutiny and damage trust in new platforms. The story serves as a reminder that even high-profile projects can have hidden ties to bad actors. As the crypto space grows, verifying partners and their histories becomes more critical for both developers and users.