#BTCPrediction

🇺🇸 The US Senate has begun an investigation into Donald Trump's crypto business (source)

Senator Richard Blumenthal has initiated a preliminary investigation into cryptocurrency projects related to Donald Trump.

He has sent letters to the heads of companies Fight Fight Fight LLC, World Liberty Financial, and other affiliated entities.

Under suspicion:

— possible conflicts of interest

— ties to foreign investors and governments

— circumvention of government ethics requirements

— participation in schemes of 'pay-to-access the president'

In focus — the meme coin #TRUMP, NFT platforms, and a deal with MGX for 2,000,000,000$ through the stablecoin #USD1.

Companies are required to provide documents regarding income, investors, and mechanisms for blocking suspicious investments.

Senator Richard Blumenthal is the senior Democrat on the US Senate Permanent Subcommittee on Investigations (PSI), which is part of the Committee on Homeland Security and Governmental Affairs.