US EditionUS senators attempt to ban Trump's 'profoundly corrupt' crypto schemes
- US senators Jeff Merkley, Chuck Schumer, and Elizabeth Warren proposed the End Crypto Corruption Act on May 7, 2025, targeting Trump-linked cryptocurrency schemes in Washington.
- The legislation responds to reported conflicts of interest involving Trump's crypto ventures and a billion-dollar foreign deal seen as risking constitutional violations and national security.
- The bill aims to ban the president, vice president, senior officials, and Congress members from profiting from crypto assets, including meme coins like $TRUMP and stablecoins.
- Senator Merkley described the arrangement as deeply unethical, warning that it poses risks to national security and undermines citizens' confidence in the government.
- The bill, co-sponsored by 13 Democratic senators, faces uncertain prospects but signals growing scrutiny of political figures' involvement in cryptocurrency amid ethical concerns.
6 Articles
6 Articles
End Crypto Corruption Act Targets Trump’s Stablecoin Deal
Donald Trump’s foray into the world of crypto isn’t just making headlines in financial circles. It’s now lighting political fires on Capitol Hill. What started as a stablecoin project tied to Trump-linked firms has ballooned into a full-blown ethics controversy, with Senate Democrats calling it a national security risk and introducing legislation to shut it down. The End Crypto Corruption Act would prevent senior government officials from holdin…
Scaramucci: Trump Family’s Crypto Ventures Create “Pathways” to Corruption and Disrupt Policymaking - Bitcoinsensus
Anthony Scaramucci said that the Trump family’s crypto ventures create “pathways” to corruption and disrupt policymaking, referring to the TRUMP token, USD1, and World Liberty Financial. This isn’t the first—and likely not the last—time questions have been raised about Donald Trump’s influence on crypto, especially amid ongoing concerns over conflicts of interest. More on Anthony Scaramucci’s Remarks About Trump SkyBridge Capital founder and for…
Shocking Accusation: Trump Crypto Ventures Labeled 'Open Corruption' by US Congressman
The world of cryptocurrency is no stranger to controversy, but when it intersects directly with high-profile political figures, the temperature rises dramatically. Recent comments from a U.S. Congressman regarding Trump crypto ventures have ignited a fiery debate, bringing accusations of misconduct and conflicts of interest squarely into the digital asset space. This isn’t just about technology; it’s about ethics, transparency, and the potential…
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