🔥🔥Trump and Binance, what do they have in common?🔥🔥
🚨 Democratic senators demand an investigation into the connection between Binance and the Trump family
💬 Senators Chris Van Hollen and Elizabeth Warren have requested federal officials to investigate the use of the cryptocurrency exchange Binance's stablecoin USD1, issued by World Liberty Financial, which is linked to the Trump family.
🔍 The letter states that Binance used USD1 to settle a $2 billion deal with MGX. The senators expressed concern about compliance and possible violations of the law.
💡 Key points:
The stablecoin USD1 is linked to the Trump family.
Binance used it for large transactions with foreign investors.
The senators are demanding a report on compliance with the law and Binance's future operations in the U.S.
📅 The senators have set a deadline of May 21 for the report on the investigation.
