Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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US Senate launches investigation into Trump's cryptocurrency activities
2025-05-07 03:47

Odaily News Richard Blumenthal, a senior Democratic senator in the U.S. Senate, sent an investigation letter to World Liberty Financial and Fight Fight Fight LLC on Tuesday to investigate Trump's activities in the cryptocurrency field. The investigation focuses on the possible conflicts of interest between the TRUMP token and the WLFI (World Liberty Financial) project. Blumenthal said that these activities may violate government ethics and federal laws, and asked the relevant companies to provide information such as ownership and financial structure. (The Block)