Senate Permanent Subcommittee opens inquiry into Trump crypto corruption

confirmed Importance 9/10 ~1 min read 4 sources 5 actors

Senator Richard Blumenthal’s Permanent Subcommittee on Investigations opened inquiry into Trump’s cryptocurrency ventures, describing them as “unprecedented conflicts of interest and national security risks” and “pay-to-play scheme to provide access to the Presidency.” Demanded records from Fight Fight Fight LLC ($TRUMP coin) and World Liberty Financial by May 19, 2025.

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The Cascade Ledger. “Senate Permanent Subcommittee opens inquiry into Trump crypto corruption.” The Capture Cascade Timeline, May 16, 2025. https://capturecascade.org/event/2025-05-16--senate-investigations-crypto-inquiry/