Democratic Party Requests Treasury to Submit 'Suspicious Activity Report' on Trump Family's Cryptocurrency Ventures

2025/05/15 16:14 (Updated 2025/05/16 07:01)
CoinPost
Written by N.Koda
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Democratic Party Requests Treasury to Submit 'Suspicious Activity Report' on Trump Family's Cryptocurrency Ventures

Letter to the Treasury Secretary

On the 14th, prominent Democratic members of the U.S. House, including Representatives Gerald Connolly, Joe Morelle, and Jamie Raskin, addressed a letter to Treasury Secretary Scott Bessent, demanding the submission of a Suspicious Activity Report (SAR) regarding the cryptocurrency ventures 'World Liberty Financial (WLF)' and the 'TRUMP' presidential meme coin managed by the Trump family.

The letter was sent by these key figures, who serve as the opposition leaders on the Oversight and Government Reform Committee, the House Administration Committee, and the Judiciary Committee, respectively.

The SAR is intended to alert financial institutions to potential financial crimes and corruption...

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MAGAZINE

Iolite Vol.16

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Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.