US Senators Investigate Binance’s Connections to Trump-Linked Crypto Venture
- The U.S. Senate Committee on Banking, Housing, and Urban Affairs is involved.
- Five Democratic Senators initiated the inquiry.
- The focus is on alleged regulatory rollbacks and covert Treasury dealings.
- The announcement was made on May 9.
On May 9, the U.S. Senate Committee on Banking, Housing, and Urban Affairs announced that five Democratic Senators are probing Binance’s alleged connections to a Trump-backed crypto venture, focusing on regulatory rollbacks and undisclosed Treasury activities.
Source (2.6)https://news.bitcoin.com/binance-under-fire-as-us-senators-probe-trump-crypto-ties/?rand=52384
