Lawmakers Investigate Trump Family’s $400 Million Crypto Ties
- A $400 million crypto payday linked to the Trump family is under scrutiny.
- Sen. Elizabeth Warren and Rep. Maxine Waters requested SEC records on World Liberty Financial, Inc.
- The Trump family reportedly holds a 75% claim on token revenue, approximately $390 million so far.
- SEC paused its case against Tron founder Justin Sun, who invested $75 million in WLFI.
- The STABLE Act passed the House Financial Services Committee with a 32–17 vote amid rising tensions over Trump’s crypto ties.
Senators are questioning the SEC’s regulatory decisions concerning World Liberty Financial, Inc., which has strong financial connections to the Trump family, raising concerns about potential conflicts of interest. The SEC has been asked to provide relevant records by April 14.
Source (2.6)https://decrypt.co/313094/lawmakers-press-sec-details-trumps-crypto-connections?rand=52368
