Senator calls for investigation into Trump's cryptocurrency activities

After previous criticisms from Hillary Clinton and Elizabeth Warren, Senator Chris Coons accused former President Donald Trump and his family of corruption in the cryptocurrency sector. Coons claimed that the Trump family engaged in financial activities exploiting the emerging cryptocurrency market for personal gain and evading regulatory oversight.

The accusations focus on investments and promotional campaigns related to digital assets, including NFTs, where Trump is alleged to have exploited his public reputation for profit. Coons emphasized the need for tighter oversight in the crypto space, warning of risks to investors and the financial system.

He called on the Congress and regulatory agencies to thoroughly investigate these activities, highlighting the issues of transparency and ethics in the rapidly developing cryptocurrency market.