⚖️ Trump and Crypto: Senators against billion-dollar profits! 💥
In May 2025, U.S. senators proposed banning Donald Trump and his family from profiting off crypto projects. The focus is on the World Liberty Financial (WLFI) platform and its stablecoin USD1, which they are promoting. Senators fear Trump might use legislation to benefit personally and make billions from these deals.
Additionally, an investment firm from Abu Dhabi is ready to invest $2 billion in this stablecoin and funnel it through Binance — the largest crypto exchange. This could bring even more profits to the former president’s family.
There’s also talk about a private dinner hosted by Trump for major holders of the TRUMP memecoin, but the guest list remains secret.
Politicians are demanding transparency and even calling for impeachment, accusing Trump of abusing power for personal gain.
It’ll be interesting to see how this story unfolds!