Senators Want Investigation
Donald Trump plans a private dinner with the biggest $TRUMP token holders.
Senators Elizabeth Warren and Adam Schiff are asking for an ethics investigation.
They fear Trump could be selling political favors for money.
Fears of Corruption
The senators warn that foreign and corporate investors could buy influence through $TRUMP tokens.
They also question if Trump got advice on handling crypto properly.
Private Dinner Details
The dinner will be on May 22 at Trump National Golf Club.
Only the top 220 $TRUMP holders who pass security checks can attend.
The $TRUMP token price jumped 70% after the news, but then fell 6% to about $14.
Talk of Impeachment
Senator Jon Ossoff also called for Trump’s impeachment.
But with Republicans in power, action against Trump is unlikely.
Big Profits for Trump’s Circle
Since January, $TRUMP tokens have made over $350 million for Trump’s allies.
About 80% of the tokens are owned by Trump’s businesses.
