Democrats Claim Trump Administration is Leveraging White House for Family's Financial Gain via Cryptocurrency
Democrats' Accusations: The U.S. House Judiciary Committee's report claims the Trump administration used its power to enrich the Trump family through cryptocurrency ventures, alleging over $800 million earned from token sales in early 2025.
Key Crypto Operations Under Scrutiny: The report focuses on three major operations: World Liberty Financial (WLFI), $TRUMP Memecoin, and Trump Media's Bitcoin Treasury, highlighting potential conflicts of interest and foreign investments.
Regulatory Changes and Allegations: Democrats accuse the Trump administration of rolling back regulatory enforcement to benefit crypto companies linked to the family, including pardons and disbanding enforcement teams.
White House Response and Ongoing Debate: The White House denies the allegations, calling them politically motivated, while the report has sparked national discussions on corruption, ethics, and the influence of digital assets in politics.
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