The cryptocurrency investment firm World Liberty has received a $100 million investment from businessman Guren 'Bobby' Zhou, who is currently under investigation for suspected money laundering activities. According to a New York Times report, British officials confirmed that the investigation into Zhou remains active as of late July. The exact nature and extent of Zhou's alleged wrongdoing have not been disclosed.
Source
"World Liberty Receives $100M from Businessman Under Money Laundering Investigation" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
As the investigation continues, World Liberty's decision to accept investment from Zhou has raised eyebrows in the industry.
