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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

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Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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Greg Ip explains how targeted price jumps in eggs, beef, housing, and more outstrip income gains, leaving first-time homebuyers and renters strained—half now spend over 30% of income on housing alone. Quick policy ideas like tariffs, rent controls, or rate cuts carry risks of recession or renewed inflation, he warns. Leaders like President Trump and NYC Mayor-elect Zohran Mamdani highlight the issue, while many call for bold changes from market shifts to reforms ending the Fed or curbing investor home buys.

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Families feel the pinch from higher housing, groceries, and everyday bills, even as wages slowly rise and inflation eases. A top economist asks if real relief is possible without bigger problems down the road.

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Kidnapped from the Nova music festival on October 7, 2023, Gilboa-Dalal described in a Channel 12 News interview how a captor dragged him from a shower, assaulted him despite protests invoking Islamic prohibitions, and silenced him with weapons. He emerged emaciated with potential permanent hearing loss from tunnels and homes, as one of the last living hostages freed in an October 13 exchange. His account is the second public testimony from a male survivor of sexual abuse, amid prior reports of systematic violence against hostages.

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Guy Gilboa-Dalal froze as his naked body was groped by a Hamas guard, who then pressed a knife to his neck and rifle to his head, threatening death if he spoke. The 25-year-old endured this assault after 738 days in Gaza captivity.

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In the 2025-26 Premier League after 19 games, Liverpool hold fourth place on 33 points with 10 wins, three draws, and six losses, while Manchester United sit sixth on 30 points, three behind, with a potent attack but leaky defense. United fans debated a bold post claiming they could overtake the defending champions, but many pointed to their own dropped points against lower teams under manager Ruben Amorim. With head-to-head matches ahead and the top-four race open, optimists see potential in United's firepower, though critics warn against overconfidence.

Key Takeaway

A Manchester United fan account declared Liverpool 'bang average' with no reason not to finish above them this season. The post sparked heated replies, mostly from fellow United supporters calling for realism.

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The Aave App enables deposits in USDC or USDT via links to over 12,000 banks or debit cards, with instant withdrawals, no fees beyond a $50 minimum, and interest compounding every second. Launched on iOS on November 17 for global users including the EU, it surpasses traditional bank rates of 0.4% to 4% and FDIC's $250,000 coverage, with boosts up to 5-6% for features like auto deposits and referrals. Backed by Aave's $70 billion in active deposits from 2.5 million users, the app aims to bring DeFi to retail through seamless UX, though insurance details for security breaches are pending activation.

Key Takeaway

Aave Labs just dropped a game-changing mobile app that offers everyday savers up to 9% APY and $1 million in balance protection.

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Cocoon runs on the TON blockchain and pairs AI developers needing processing muscle with GPU providers who earn cryptocurrency rewards. It uses Trusted Execution Environments to encrypt prompts and results, shielding them even from the hardware hosts. Telegram's billion users will soon feel the impact through features like message translation and voice-to-text in Mini Apps. Durov sees it as a privacy-focused rival to big cloud providers, with plans to scale up GPU supply and demand in the weeks ahead.

Key Takeaway

Pavel Durov just flipped the switch on Cocoon, a new network that lets developers tap into GPUs worldwide while keeping every bit of data locked tight. It's a fresh take on AI power, rewarding hardware owners with TON crypto along the way.

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Monad, an EVM-compatible Layer-1 blockchain founded in 2022 by Keone Hon, James Hunsaker, and Eunice Giarta, has launched the Momentum initiative to reward early users and builders for activities like trading and gaming on its high-speed network capable of 10,000 TPS. The project, backed by over $225 million from investors including Paradigm, plans its mainnet launch and MON token airdrop to more than 230,000 users on November 24, 2025. Online discussions highlight Monad's potential to enhance EVM scalability while questioning its ability to compete with Ethereum's established ecosystem and Layer-2 solutions.

Key Takeaway

As Monad gears up for its November 24 mainnet launch, its new Momentum rewards program promises on-chain incentives for trading and gaming on a blazing-fast EVM chain—but can it truly rival Ethereum's dominance?

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The transfer, confirmed on the blockchain from Tether's treasury wallet to a Bitfinex address, totaled about $999 million with no new USDT minted, putting an end to rumors of fresh issuance sparked by an analytics firm's error. On X, optimistic traders hailed it as Tether buying the dip with treasury reserves for the first time, calling it a strong bottom signal amid Bitcoin's 10% drop from $100,000 peaks. Skeptics pushed back, noting it could just be routine liquidity for trading or lending between the affiliated companies, with no proof of Bitcoin buys or comment from Tether.

Key Takeaway

As Bitcoin plunged below $88,000 on November 20, Tether quietly shifted a billion dollars in USDT to its sister exchange Bitfinex—right when traders were hunting for any sign of market support.

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Ukraine's anti-corruption bureau charged Timur Mindich and Oleksandr Tsukerman with embezzling around $100 million from state nuclear firm Energoatom through inflated contracts, kickbacks, and laundering. Mindich, a former co-owner of Zelenskyy's Kvartal 95 studio, and Tsukerman now face wanted notices and sanctions from Israel, complicating extradition. The case led to resignations of Ukraine's justice and energy ministers amid the war-torn energy sector's struggles. It tests Zelenskyy's reform promises as nuclear power remains crucial for the nation's fragile economy.

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Raids revealed stacks of cash and a gold-plated toilet in one suspect's apartment, exposing a scheme that drained Ukraine's vital nuclear power funds. The businessmen, tied to Zelenskyy's entertainment past, fled to Israel just before investigators closed in.

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The black-and-white image from the Center for Jewish History captures around 100,000 German Jews who served loyally in the Kaiser's army, with 80 percent in combat and 12,000 losing their lives. They earned medals at rates equal to or higher than other Germans, yet many survivors faced betrayal two decades later in the Holocaust. The photo prompts reflection on their deep assimilation efforts—like Reform synagogues with family pews and self-identifying as Germans of the Mosaic faith—proving loyalty offered no protection against rising antisemitism.

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In the grim trenches of World War I, Jewish soldiers in the German army gathered around a menorah, their faces lit by flickering candles amid the snow.

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On December 27, Pakistan commemorated the 18th anniversary of Benazir Bhutto's 2007 assassination with events in Larkana, where President Asif Ali Zardari urged national unity and her son Bilawal Bhutto Zardari joined crowds honoring her legacy as the first female prime minister of a Muslim-majority nation. The day also marked the death of Dr. Shamshad Akhtar, Pakistan's first female State Bank governor, at age 71 from cardiac arrest in Karachi; she had served as SBP head from 2018-2019 and twice as caretaker finance minister. Leaders across parties praised both women as trailblazers in politics and economics, sparking reflections on their enduring impact amid some criticism of Akhtar's tenure.

Key Takeaway

Thousands gathered at Benazir Bhutto's mausoleum, waving PPP flags as her family led prayers and speeches recalling her fearless stand for democracy.

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