House Democrats are calling for an investigation into Donald Trump's cryptocurrency ventures, citing concerns about potential financial misconduct.
The investigation request focuses on Trump-backed World Liberty Financial (WLF) and Trump-branded meme coins, raising questions about legitimacy and financial transparency.
Concerns include allegations of insider trading, foreign influence, and market manipulation, with House Democrats seeking access to suspicious activity reports on Trump-linked crypto transactions.
Regulatory challenges loom as Trump's crypto ventures raise questions about the regulatory landscape, particularly in the context of meme coins and their classification.