Democrats Probe Trump Aides’ Links To Crypto And Major Chip Deals—NYT
Democratic senators are seeking an investigation into potential ethics violations involving Trump administration officials in relation to significant cryptocurrency deals and national security. The inquiry follows a New York Times report that highlighted two multibillion-dollar transactions with the United Arab Emirates (UAE), which raised alarms over the US decision to allow the Emirates to import […]
Related News
Democratic lawmakers from the US House of Representatives have accused President Donald Trump and his administration of using the White House to enrich the presidential family through their crypto businesses, calling on Congress to fight corruption. Related Reading: Terra Founder Do Kwon Requests Five-Year Prison Term Ahead Of December 11 Sentencing House Democrats Call Out […]
CNBC reported Thursday that a group of House Democrats are pressing the Treasury Department to examine potential conflicts of interest and national security risks tied to World Liberty Financial (WLFI), the crypto venture associated with the Trump family. Security Concerns Over Trump-Linked Crypto Venture In a letter sent Thursday to Treasury Secretary Scott Bessent, more than 40 Democratic lawmakers, led by Representative Gregory Meeks of New York, called for a formal review of the company’s structure and foreign investment ties. The letter follows a tense House Financial Services....
A new bill is making its way through the US Congress, in a bid to stop politicians from launching their own cryptocurrency coins. This move comes after many investors lost money big-time on the TRUMP meme coin, which is associated with US President Donald Trump. The coin’s wild ride has made people wonder if politicians […]
Bitcoin is likely gaining steam due to ongoing stimulus talks in the U.S. Reports indicate that President Trump wants politicians to agree on a stimulus deal larger than House Speaker Pelosi has pushed. The details on this latest development were scant. Whatever the case, analysts think this only accents Bitcoin’s value proposition. There is only 21 million Bitcoin that will ever be mined but theoretically, an infinite number of fiat dollars. President Trump Calls For […]
The number of active addresses in Bitcoin has increased, with a peak of 912,300 on February 28. The most recent instance of this level was on December 16, 2024, when Bitcoin was trading at $105,000, Glassnode data shows. Related Reading: TRUMP Meme Coin In Hot Water As Democrats Push Presidential Crypto Ban Traders are closely […]