Democrats require Treasury Treasury Reports Crypto, Musk

Top Homemo Democrats Pressing the Vault Department to release all suspicious activities related to the CRIPTO VENTURES Donald Trump, Elona Musk’s America Pac, a platform for fundraising of GOP, and several alleged scams.

14. May letterwhich have signed reps. Gerald Connolli, Joe Morelle and Jamie Raskin states possible violations of campaign, foreign influence, securities fraud and a fraudulent collection of funds collection.

MPs are especially focused on the Trump company CRIPTO, Financial world freedomwhich was launched in late 2024. years.

VLF’s non-portable tokens, critics say, do not offer any real value and have drawn examination To obtain $ 75 million of funding from Justin SUN, at that time, the entrepreneur who indulges sec.

Shortly after the sun’s sun, SEC paused his case. Vit He has announced since then Stablecoin USD, related to $ 2 billion agreement that includes the Fund and Binance in the UAE.

$ Trump Memecoin

The investigation also goes for Trump $ (Abdomen) Memecoin, running just before Trump inauguration. Entities associated with Trump, how to report, maintain 80% of the token supply and earned $ 100 million in trade fees.

Without public records of coins and judgments SEC Meme coins The fall outside its jurisdiction, democrats warn of the risks of undiscovered foreign actors that affect the Trump through crypto.

Male America Pac is also under supervision for alleged use of financial support to gain Trump’s political service, including turning the white house south lawn in Tesla Salon.

Meanwhile, conquered and two frauds are investigated for deceptive practices, including older donor fraud and using Trump’s voice in Robocalls to collect funds.

MPs say the probe will help determine whether new legislation needs to prevent fraud and preservation of electoral integrity.