Democrats demand reports on Trump’s crypto ties in treasury probe

• Democrats require that the release of the SARS cash register linked to the crypto companies associated with the trump.
• Legislators raise concerns about foreign impact and market manipulation through Trump MEMECOINS.

Democratic lawmakers in the US increased the control of President Donald Trump’s connection with the crypt industry.

They urge the Ministry of Finance to reveal all reports of suspicious activities (SARS) linked to its digital companies.

Trump-bound crypts participate in the radar of Democrats

In formal letter Representatives of Gerald Connolly, Joseph Morelle and Jamie Raskin, wrote on May 14, asked to access SARS since 2023 regarding World Liberty Financial and the official Token Trump.

The letter noted,

“We are writing about the potential abuse of some politically oriented fundraising enterprises for fraudulent, corrupt or other illegal purposes.”

Need to supply, tThe letter of legislators emphasizes concerns about multiple crypt companies associated with trumps.

Specifically, it evokes the world’s financial freedom and president Solan [SOL]-Medicated on memecoin as the main area of ​​control.

The accusations include bribery, influences, market manipulation and deceptive practices focused on vulnerable Americans.

WLFI Token World Liberty Financial initially tried to raise funds. Later he saw support from Justin Sun.

The sun, a prominent crypt character, remains under control of sec. Its involvement has aroused further concerns among legislators.

The letter was also marked by Trump and Mememe Tokens. Trump has repeatedly approved his token on social media. The letter added,

“Because the identity of buyers may not be publicly published, there is no way to find out who is buying a coin, which potentially allows poor actors, including authoritarian governments and the companies that control, to enrich the Trump family.”

Continuing concern

Thus, as Trump’s crypt companies expand, they also concern their ethical and regulatory consequences.

In fact, his ecosystem of memecoin based in Solana has launched the will of lawmakers with senators Elizabeth Warren and Adam Schiff profession For investigating the ethics of controversial Gala dinner associated with tokens holders.

Although the organizers now distance the event from the White House, questions about foreign influence and political protectionism persist.

The accusation of the “Pay-to-Play” and the hints of the market manipulation continues to cover the initiative, which is further amplified by the cautious attitude of SEC to recover.

At the end, Democratic legislators defended their probe as an effort to assess whether new legislation is required to avoid violations.

These include violations of campaign financing, consumer protection failure, bribery, securities fraud and other crimes related to corruption.

It is unlikely to learn the control of Trump’s cryptoping negotiations with concerns in Washington.