#TRUMP Several Democrats in the US House of Representatives are calling for an ethics investigation into Donald Trump over his crypto projects! 🔍 They are concerned that Trump’s crypto ventures, such as World Liberty Financial (WLF) and the official TRUMP memecoin, could conflict with the duties of the presidency. 🏛️
Representative Gerald Connolly of Virginia revealed that Trump may have already profited from these projects, which could pose ethical and national security risks. 💰 He noted that WLF’s largest investor is Justin Sun, the founder of Tron, who was previously charged with securities fraud by the SEC. 😱
Connolly stated that such “financial ties” raise serious concerns about the potential for foreign influence on US policy. 🇺🇸 He stressed that without the committee’s intervention, Trump may not be able to adhere to the ethical standards he should. 📜
The filing comes after the controversial launch of the TRUMP memecoin two days before Trump’s inauguration, which raised concerns about the potential for personal gain from his office. 🤔 In a press conference, Trump said he didn't know much about the token launch, but called it "very successful." 🚀
