Behind the Crypto: When Political Ties Meet Shadowy Deals

Timor-Leste, Singapore, CambodiaWed Apr 22 2026
A new crypto project linked to political figures has raised eyebrows after teaming up with a network accused of serious crimes. The project, World Liberty Financial, includes members of the Trump family among its founders. They chose to work with a company called AB, which runs a crypto-focused resort in Timor-Leste. But AB’s network is tangled up with a bigger scandal involving human trafficking, forced labor, and large-scale crypto fraud in Cambodia. The U. S. government has already called out Prince Group, AB’s suspected partner, as a criminal enterprise. They say it ran "pig-butchering" scams—where victims are tricked into crypto investments—and used violence to control workers. Despite this, World Liberty Financial added AB’s system to their own, giving AB a kind of credibility boost. The crypto world values trust, and a Trump-linked project lends just that.
Timor-Leste isn’t known for strict financial rules, making it a risky place for such deals. Weak oversight there has attracted shady networks before. AB even bragged about building a "national blockchain resort" with the government, framing it as a state-backed project. This isn’t a small side deal—it’s a big, flashy venture. One of AB’s key figures, Yang Jian, owns millions in Singapore real estate, showing this isn’t just a random operation. World Liberty Financial didn’t just shake hands with AB—they integrated AB’s system into their own, letting users trade and lend using AB’s setup. This gives AB more reach and a veneer of legitimacy. The worst part? World Liberty’s own rules say they can block illegal activity—but they still went ahead. Their founders also stand to make 75% of profits from the project’s growth. So while the public doesn’t yet know if they knew about AB’s past, the deal lines their pockets. This isn’t just another crypto mistake—it’s a case of power and money overshadowing serious risks. A project tied to high-profile names worked with a network linked to some of the worst crimes in the region. And now, the question remains: How much did they really know?
https://localnews.ai/article/behind-the-crypto-when-political-ties-meet-shadowy-deals-a9ca34a1

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