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World Liberty received $100 million from businessman investigated for money laundering: NYT

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Guren "Bobby" Zhou, the businessman behind Aqua 1's $100 million purchase of World Liberty Financial (WLFI) governance tokens, was arrested in Britain in 2021 on suspicion of money laundering and remains connected to an active investigation, The New York Times reported Sunday.

Key facts

Summary

Zhou has not been charged. Reuters first identified Zhou as the person behind Aqua 1, the Times noted. The Times, through a review of court records, confidential documents and interviews with Zhou's former associates, found a history of failed ventures, disputed claims of prominent backers, and a sudden change in Zhou's fortune after he moved from London to Abu Dhabi in 2024. Zhou previously ran a British flooring retailer that entered restructuring without repaying about $5 million owed to his father's company, according to the Times.

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