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Democrats Probe Trump’s Crypto Ties—Is This a ‘Shadow Lobbying’ Scheme?
Democrats Probe Trump’s Crypto Ties—Is This a ‘Shadow Lobbying’ Scheme?
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Top Democrats are turning up the heat on former President Trump’s cryptocurrency dealings, demanding Treasury disclosures to sniff out potential backchannel influence. The move follows whispers of opaque crypto transactions that could skirt traditional campaign finance laws.
‘When you mix politics and anonymous wallets, you get a perfect storm for corruption,’ says one House Democrat—pointing to the $2.3M in crypto donations Trump’s PACs reportedly accepted during the 2024 election cycle.
Bonus jab: Because nothing says ‘draining the swamp’ like getting paid in untraceable internet money.
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