Senator Elizabeth Warren and Rep. Jake Auchincloss demand U.S. regulators investigate President Trump’s $TRUMP and $MELANIA #meme coins.

In a letter addressed to multiple federal agencies, including the US Office of Government Ethics, the #SEC, the Treasury and the #CFTC, Warren and Auchincloss outlined several concerns regarding the Trump family’s line of meme coins.

One of the main concerns raised in the document is the potential ethics violation that comes with the mass token launch, as basically anyone in the world could purchase #TRUMP and boost the President’s net worth, including “secretive foreign buyers seeking to curry influence with the administration.”

Senator Elizabeth Warren and Rep. Jake Auchincloss demand U.S. regulators investigate President Trump’s $TRUMP and $MELANIA #meme coins.

In a letter addressed to multiple federal agencies, including the US Office of Government Ethics, the #SEC, the Treasury and the #CFTC, Warren and Auchincloss outlined several concerns regarding the Trump family’s line of meme coins.

One of the main concerns raised in the document is the potential ethics violation that comes with the mass token launch, as basically anyone in the world could purchase #TRUMP and boost the President’s net worth, including “secretive foreign buyers seeking to curry influence with the administration.”

https://crypto.news/trump-meme-coins-crash-elizabeth-warren-demands-investigation/