Politically Connected Crypto Project Pursued Resort With Alleged Scam Syndicate Figures
Image: James O'Brien/OCCRP
In a report by the Organized Crime and Corruption Reporting Project (OCCRP), Tom Allard, Emanuel Stoakes, Aubrey Belford, Martin Young, Yan Z.H., and Bernadette Carreon write about a blockchain network with ties to the Trump family’s crypto firm that proposed a crypto technology resort in Southeast Asia.
Key Findings
Last year the AB network promoted a “blockchain theme resort” in Timor-Leste that involved three people who were later sanctioned by the U.S. for ties to an alleged scam syndicate.
AB has partnered with World Liberty, a cryptocurrency firm co-owned by President Trump’s family, and counts the former leaders of Serbia and Ireland among its key figures.
The three people connected to the resort and sanctioned by the U.S. were removed from the project shortly after the sanctions were announced, corporate documents and interviews show. None have been charged.
