Top Democrats Call on Treasury for Records on Trump’s Crypto Activities Amid Bribery Concerns
Three prominent Democratic lawmakers—Gerald Connolly, Joe Morelle, and Jamie Raskin—have urged the U.S. Treasury Department to release financial records related to former President Donald Trump’s cryptocurrency activities. Their request includes access to Suspicious Activity Reports (SARs) involving Trump’s crypto firm, World Liberty Financial, and his meme-based token, $TRUMP .
The lawmakers voiced serious concerns that Trump may be leveraging his political status for personal profit through these ventures. They also highlighted the risk of possible violations of campaign finance laws and federal anti-bribery statutes.
This appeal comes amid growing scrutiny over Trump's financial and political entanglements in the crypto world. Democrats warn that projects like the $TRUMP coin could serve as tools for foreign influence or backdoor political contributions, threatening the integrity of the U.S. political system.
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