{"id":52339,"date":"2025-09-25T16:00:02","date_gmt":"2025-09-25T13:00:02","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=52339"},"modified":"2025-09-25T15:04:21","modified_gmt":"2025-09-25T12:04:21","slug":"us-senators-call-for-trump-crypto-investigation","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/us-senators-call-for-trump-crypto-investigation\/","title":{"rendered":"US Senators Call for Trump Crypto Investigation"},"content":{"rendered":"<p>Trump crypto investigation is on the agenda. Senators are concerned about ethical violations linked to <strong>World Liberty Financial<\/strong>. Democratic Senators Elizabeth Warren and Elissa Slotkin in the US have brought Trump and his family&#8217;s crypto connections to the forefront. They requested an investigation into possible ethical violations in transactions involving World Liberty Financial, in which <strong>Donald Trump<\/strong> is a partner.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/us-senators-call-for-trump-crypto-investigation\/#Senators_Demand_Investigation\" title=\"Senators Demand Investigation!\">Senators Demand Investigation!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/us-senators-call-for-trump-crypto-investigation\/#UAE_Agreements_and_Stablecoin_Connection\" title=\"UAE Agreements and Stablecoin Connection\">UAE Agreements and Stablecoin Connection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/us-senators-call-for-trump-crypto-investigation\/#Trump_Crypto_Investigation_and_National_Security_Concerns\" title=\"Trump Crypto Investigation and National Security Concerns\">Trump Crypto Investigation and National Security Concerns<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Senators_Demand_Investigation\"><\/span>Senators Demand Investigation!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Senators sent letters to the Department of Commerce, the Office of Government Ethics, and the State Department. The letters questioned David Sacks and Steve Witkoff&#8217;s ties to the UAE. Additionally, the fact that Witkoff&#8217;s son Zach is the CEO of World Liberty Financial, which he established with the Trump family, raised suspicions of a conflict of interest. This also emerged as one of the reasons for the request for a Trump crypto investigation.<\/p>\n<p><em>This may interest you: <a href=\"https:\/\/coinengineer.net\/blog\/us-crypto-executive-order-still-unreleased\/\">US Crypto Executive Order Still Unreleased<\/a><\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"UAE_Agreements_and_Stablecoin_Connection\"><\/span>UAE Agreements and Stablecoin Connection<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A New York Times investigation revealed that the <strong>Trump<\/strong> administration played a role in two critical agreements with the UAE. First, MGX, a UAE-based investment firm, invested $2 billion in Binance. Then, MGX made this investment through the USD1 stablecoin issued by<strong> World Liberty Financial.<\/strong> Shortly thereafter, the Trump administration approved the export of thousands of advanced technology chips to the UAE, considered critical for artificial intelligence. These developments further fueled the Trump crypto investigation debate.<\/p>\n<p>However, the Trump camp denied the allegations. Furthermore, <strong>World Liberty Financial<\/strong> and White House spokespeople stated that there was no connection between the two deals. Eric Trump defended his family in a statement to CNBC, saying, \u201cWe have always been entrepreneurs. Crypto was an alternative to the banking system.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trump_Crypto_Investigation_and_National_Security_Concerns\"><\/span>Trump Crypto Investigation and National Security Concerns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Warren and Slotkin stated that the transactions in question posed both a conflict of interest and national security risks. They also emphasized that this process should be taken into account in the ongoing crypto regulation efforts in Washington. Thus, the Trump crypto investigation issue has become not only an ethical matter but also a strategic national security issue.<\/p>\n<div class=\"blog_post_info\">\n<div class=\"blog_post_info_left\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump crypto investigation is on the agenda. Senators are concerned about ethical violations linked to World Liberty Financial. Democratic Senators Elizabeth Warren and Elissa Slotkin in the US have brought Trump and his family&#8217;s crypto connections to the forefront. They requested an investigation into possible ethical violations in transactions involving World Liberty Financial, in which<\/p>\n","protected":false},"author":38,"featured_media":52343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24241,1730,3310,24242,8685,8603],"class_list":["post-52339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-abd-crypto","tag-donald-trump","tag-trump","tag-trump-cryptocurrency-investigation","tag-wlfi","tag-world-liberty-financial"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Senators Call for Trump Crypto Investigation - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Trump crypto investigation is on the agenda. 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