'Crypto Anti' Elizabeth Warren Calls for Investigation into Trump Meme Coin
Summary
- Senator Elizabeth Warren has called for an investigation into Trump's meme coin 'Official Trump'.
- Warren stated that the investigation should focus on whether the meme coin violates ethical or regulatory standards.
- She expressed concern that the meme coin could be a means of obtaining undue profits.
Prominent 'crypto anti' U.S. Senator Elizabeth Warren has urged an investigation into U.S. President Donald Trump's meme coin 'Official Trump'.
On the 22nd (local time), Senator Warren sent a letter to the U.S. Office of Government Ethics, the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of the Treasury, requesting an investigation into whether the meme coin issued by President Trump violates ethics or regulations.
Warren criticized, saying, "The meme coin of President Trump and First Lady Melania Trump highlights the risks of virtual assets," and added, "Anyone, including adversaries, can purchase the meme coin they issued."
She further stated, "Their net worth skyrocketed to $58 billion overnight," adding, "(Trump) has opened the possibility of gaining undue profits by leveraging the presidency."
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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