🚨 TRUMP, BINANCE, AND A $2B CRYPTO STORM: SENATORS DEMAND INVESTIGATION

A group of U.S. Democratic senators has raised red flags over what they call “deepening financial entanglements” between former President Donald Trump and crypto exchange Binance.

🔍 What’s happening?

Trump and his family are reportedly tightening ties with Binance, just months after the exchange paid over $4B in penalties to U.S. regulators and saw founder CZ step down.

Lawmakers warn of conflicts of interest, citing that Trump may profit from crypto while shaping policies that affect the industry.

💰 The crypto web around Trump

Trump launched his own memecoin, generating millions in trading fees and offering top token holders a private dinner in Washington, DC.

His family-backed firm, World Liberty Financial, recently revealed a $2B investment into Binance, executed via a stablecoin linked to Trump’s brand, from Abu Dhabi-based MGX.

🏛️ Why this matters

In a letter to the U.S. Department of Justice and Treasury, senators stated their concern over Binance’s compliance risk—now further complicated by Trump’s personal crypto ties.

A nonpartisan watchdog report suggests that nearly 40% of Trump’s net worth is now tied to crypto assets.

Is this influence? Corruption? Or the future of politics and blockchain colliding?

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