The U.S. Senate is investigating Trump's cryptocurrency activities

ChainCatcher news, according to The Block, senior Democratic Senator Richard Blumenthal issued a letter of inquiry to World Liberty Financial and Fight Fight Fight LLC on Tuesday, launching an investigation into Trump's activities in the cryptocurrency space. The investigation focuses on potential conflicts of interest related to the TRUMP token and the WLFI (World Liberty Financial) project. Blumenthal stated that these activities may violate government ethics and federal laws, while requesting the relevant companies to provide information on ownership and financial structures.