Scrutiny of trump’s crypto plans

While TRUMP token continues to be the talk of the crypto town, Democrats are intensifying scrutiny of Donald Trump’s involvement in cryptocurrency ventures, particularly the TRUMP meme coin, via a congressional action.

As per a CNBC report, the step, led by figures like Rep. Maxine Waters and Sen. Richard Blumenthal, includes disrupting legislative processes and initiating investigations.

Sen. Blumenthal has specifically labeled the TRUMP meme coin dinner contest, which offered access to Trump in exchange for token holdings, a “pay-for-play scheme,” and demanded financial records from Fight Fight Fight LLC. and World Liberty Financial.