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Senate Democrat Investigates Trump-Linked Crypto Ventures Over Potential Pay-to-Play Allegations
Senate Democrat Investigates Trump-Linked Crypto Ventures Over Potential Pay-to-Play Allegations
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[TRADE_PLUGIN]TRUMPUSDT,TRUMPUSDT[/TRADE_PLUGIN]
TRUMP News -
Senator Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations, has initiated an inquiry into cryptocurrency ventures associated with former President Donald Trump. The investigation centers on whether entities such as Fight Fight Fight LLC (issuer of the TRUMP memecoin) and CIC Digital LLC (creator of Trump NFTs) are involved in a pay-to-play scheme exploiting presidential connections.
Letters were sent to executives Bill Zanker and Zach Witkoff, requesting details on ownership structures and investment flows. This action highlights increasing scrutiny of political figures’ involvement in cryptocurrency amid ongoing regulatory discussions.
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