The U.S. Senate investigates Trump's crypto activities

The United States Senate is launching an investigation into the connections between Donald Trump and crypto projects such as $TRUMP MP coin and the DeFi platform WLF.

The investigation revolves around suspicions of conflict of interest, policy influence, and foreign money flow, especially following the $2 billion deal between WLF and a fund from Abu Dhabi.

Trump denies personal gain, but lawmakers believe it is necessary to clarify the role of crypto in the election campaign and national security.