Congress Ramps Up Investigation Into Trump-Associated Crypto Ventures

Democratic lawmakers are intensifying their scrutiny of former President Donald Trump’s cryptocurrency activities. Senior House Democrats from major oversight committees have formally requested all suspicious activity reports related to Trump’s crypto transactions from the Treasury’s Financial Crimes Enforcement Network (FinCEN).

The investigation centers on two contentious projects: the World Liberty Financial blockchain initiative and the $TRUMP memecoin. Investigators indicate these ventures may have breached election laws, though specific charges have not yet been detailed. This development highlights increasing congressional focus on cryptocurrency’s role in political financing.

The Treasury Department is under growing pressure to release its findings. As regulatory oversight tightens, this case could establish critical precedents for cryptocurrency compliance in political campaigns and the financial dealings of public figures.