Senators Demand Ethics Probe Over Trump Meme Coin Dinner
- Senators Elizabeth Warren and Adam Schiff called for an ethics investigation into President Trump’s dinner invitation.
- The dinner offered top holders of the TRUMP Solana token exclusive access, raising concerns of “pay to play” corruption.
- The TRUMP token’s price rose from $12 to $15.2 following the announcement, with its market cap increasing from $1.6 billion to over $3 billion.
- A complaint highlighted potential foreign influence via anonymous crypto investments, including a $13 million purchase through a Chinese-founded exchange.
Warren and Schiff urged an investigation into possible ethical violations linked to President Trump’s crypto-based dinner event, as the TRUMP token’s value surged significantly after the announcement.
Source (2.6)https://decrypt.co/316627/democratic-senators-demand-ethics-probe-trump-meme-coin-dinner?rand=52368