Source: International Business Times
In a letter sent to Securities and Exchange Commission Chair Paul Atkins, senators called on the agency to examine Trump's namesake token for evidence of fraud, market manipulation or unjust enrichment. Creative Commons Democratic Sens. Elizabeth Warren and Richard Blumenthal are demanding a federal investigation into President Donald Trump's memecoin, warning that the cryptocurrency may have been used to enrich insiders while hundreds of thousands of buyers suffered steep losses.
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