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    Home»Web3»Senate Democrat opens the investigation into Trump’s crypto businesses
    Web3

    Senate Democrat opens the investigation into Trump’s crypto businesses

    PineapplesUpdateBy PineapplesUpdateMay 7, 2025No Comments3 Mins Read
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    Senate Democrat opens the investigation into Trump’s crypto businesses
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    Senate Democrat opens the investigation into Trump’s crypto businesses

    Prominent Senate Democrats on a panel with corruption and mismanagement investigation are investigating recent crypto activities by US President Donald Trump and are they “part of the pay-to-play scheme, which gives the highest bidder accessible to the presidential post.”

    Richard Blutenlle, a panel placed within the committee on Richard Blutenal, Senate Permanent Subcommittee ranking Democrats – Homeland Security and Government Affairs. Bill Zanker of Fight Fight Fight LLC And Zach Witkoff, World Liberty Financial Co-Founder On Tuesday, they ask them a series about a series about the ownership and investment structure for the Trump-Served Institutions, in which the fight fight LLC (the company behind the Trump Memcoin), the CIC Digital LLC (who gave the NFT and co-on Fight Fight Fight) of Trump, NFTS and DTM operations with DTM operations and DTM operations, and DTM operations, And another unit, affiliated institutions with DTTM operations.

    “Permanent Deputy Committee on the investigation is initially investigating the possible struggles of President Trump’s cryptocurrency enterprises and the possible conflicts of violation of law … and the financial behavior of related businesses with foreign nationals, foreign governments and other cryptocurrency firms,” ​​said, both indicate a Trump Trump Trump.

    Letters stated that businesses can “enable violations of government morality requirements before presenting many questions for businesses”.

    These questions include asking how companies identify or block investment from foreign governments, how much revenue they have generated and can individuals facing prosecution or investigation.

    Letters also ask the authorities to produce records tied to Trump-Buddhist Crypto businesses.

    Because the Democrats are currently a minority party in the Senate, BlueMemental does not have the powerful power until his Republican equivalent, Sen Ron Johnson also signed. A spokesman for Johnson did not immediately return the request for comment.

    Democrats have played an alarm on Trump’s crypto businesses in recent times. Earlier on Tuesday, Rape Maxin Waters, who lead their party in the House Financial Services Committee, objected to a joint hearing with the House Agricultural Committee to address the market structure law and instead hosted their hearing focused on these crypto tie-ups.

    A weekend statement of Sena Ruben Gallego and a handful of other Democrats, saying that the laws of the Senate’s Stabecrim Bill will not vote, also stems from Trump’s crypto relations-especially announced by Eric Trump that Abu Dhabi-based investment firm MGX Trump-Commit USD 1 Stabeline USD 1 Stabelin UsD Will stop

    Sen Chris Murphy also introduced a bill on Tuesday, which would ban the US President and other senior government officials from issuing memecoin or other financial assets.

    businesses crypto Democrat investigation opens Senate Trumps
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