#TRUMP Some Democrats in the US House of Representatives are calling for an ethics investigation into Donald Trump over his crypto projects! ๐ They are concerned that Trumpโs crypto ventures, such as World Liberty Financial (WLF) and the official TRUMP memecoin, could conflict with the duties of the presidency. ๐๏ธ
Representative Gerald Connolly of Virginia revealed that Trump may have already profited from these projects, which could pose ethical and national security risks. ๐ฐ He noted that WLFโs largest investor is Justin Sun, the founder of Tron, who was previously charged with securities fraud by the SEC. ๐ฑ
Connolly stated that such โfinancial tiesโ raise serious concerns about potential foreign influence on US policy. ๐บ๐ธ He emphasized that without the committeeโs intervention, Trump may not adhere to the ethical standards he should. ๐
The filing comes after TRUMPโs controversial memecoin launch two days before Trumpโs inauguration, which sparked concerns about the potential for personal gain from his office. ๐ค In a press conference, Trump said he didnโt know much about the token launch but called it โvery successful.โ ๐