pancakeswap

U.S. Senator Elizabeth Warren has stirred the waters in Washington by calling on the Department of Justice and the Treasury Department to clarify whether they are investigating decentralized crypto platforms over national security threats — with PancakeSwap and Trump-linked World Liberty Financial in the spotlight.
In her December 15 letter, Warren emphasized that with Congress still stalling legislation on clear crypto market rules, the space remains vulnerable to illegal activities. She insists that it’s critical to examine whether DeFi platforms, due to their anonymous nature, are enabling terrorism financing, money laundering, and sanctions evasion.

DeFi Exchanges Under Scrutiny: PancakeSwap in the Crosshairs
Warren specifically highlighted PancakeSwap as a major platform potentially being exploited for unlawful purposes. In the letter, she asked whether the U.S. government is taking timely and consistent action in investigating these threats. She noted that the public has a right to transparency, especially with regulatory gaps in the crypto space.
“DeFi could be misused by hostile states or criminal networks to bypass sanctions or finance illicit operations,” the letter states.

Trump’s Crypto Footprint Back in the Headlines
The letter also points to World Liberty Financial — a crypto company reportedly involved with PancakeSwap in the promotion of specific tokens. The firm lists Donald Trump as “Emeritus Co-Founder,” with sons Donald Jr. and Eric serving as Web3 ambassadors and youngest son Barron Trump labeled as “DeFi Visionary.”
Warren sees these connections as a potential conflict of interest, raising concerns over how such affiliations could influence U.S. crypto policy. She claims similar concerns have been echoed by other Democratic senators.

Alleged Links to Russia, Iran, and North Korea
This isn't the first time World Liberty Financial has come under scrutiny. In December, Warren and Senator Jack Reed urged federal agencies to investigate the company over alleged ties to bad actors in Russia and North Korea. They cited a watchdog report from Accountable.US (September 2025), claiming the company sold tokens to clients connected to known money laundering platforms, an Iranian crypto exchange, and North Korean hackers.
World Liberty Financial has denied all allegations of misconduct or conflicts of interest.

Regulation Delayed: Washington Stalls
While Warren pushes for investigations, lawmakers continue to delay regulation. Senate Banking Committee Chair Tim Scott recently announced that a key hearing on the Responsible Financial Innovation Act has been postponed to 2026. The bill is seen as a foundational framework for crypto market regulation.

One-Minute Summary:
🔹 Warren demands investigation of PancakeSwap and World Liberty Financial

🔹 Concerns over terrorism financing, money laundering, and sanctions violations

🔹 Trump family deeply involved in controversial crypto firm

🔹 Congress delays regulation, leaving DeFi in a legal gray zone

🔹 U.S. national security potentially at risk due to regulatory gaps

#PancakeSwap , #ElizabethWarren , #WLFI , #TRUMP , #defi

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“