Democrats Grill Treasury Over Trump’s Crypto Ties—’Bribery Risk’ Alarm Bells Ringing

Washington’s crypto-skeptics are back on the warpath. Top Democrats just fired off a demand for Treasury records on Donald Trump’s cryptocurrency dealings, citing ’serious concerns’ about potential pay-to-play loopholes. Because nothing says ’drain the swamp’ like memecoin donations and opaque blockchain wallets.

The move follows Trump’s recent pro-crypto pivot—a stunning reversal for the man who once called Bitcoin ’a scam.’ Now lawmakers want receipts: Which dark pools of liquidity funded those NFT sales? Which DeFi protocols processed the transactions? And most importantly—did any foreign wallets get VIP treatment?

While the Treasury drags its feet (standard operating procedure), one thing’s clear: In 2025, even political corruption is going decentralized. Just don’t expect the SEC to approve that ETF anytime soon.