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Washington – Senators Adam Schiff and Elizabeth Warren warn that President Donald Trump A private dinner with the owners of his coin can “pay for the game” corruption and calls to investigate ethics.
Democratic senators, respectively from California and Massachusetts, sent a letter to the American government ethics office on Friday, asking for the probe to determine whether President Trump violated the federal principles of ethics, offering the exclusive access to the highest investors in his $ Trump coin.
The letter concerns special offerannounced on the Meme Coin website on Wednesday, offering 220 best token owners with the president on May 22 in his golf club near Washington, the coin increased by 50% of the value after the publication of the invitation.
“The announcement of President Trump promises sole access to the Presidency in exchange for significant investments in one of the president's business projects,” Senators wrote on Friday in a letter made available CNBC.
The value of the coin increased by over $ 100 million after announcement, increasing the fears that Trump and his family personally benefit from their political influence, the senators wrote.
“This last action increases serious ethics and legal fears, including the serious risk that President Trump and other officials can engage in” paying for the game “, selling presidential access to people or entities to cover foreigners and corporate actors with federal interests, while enriching the president and his family.
They cite many public reports showing that some investors $ Trump have connections with foreign exchanges or have received funds from cryptographic platforms banned in the US, including Binance.
Senators Schiff and Warren ask ethics officials whether Trump or his family has been given any guidelines regarding the benefit of the benefits of digital assets during office and what security exist to prevent research persons or seeking pardoning political purchase through investment.
In the White House and both Congresses controlled by Republicans and the director of ethics appointed by the president, a letter from democratic senators will probably fall into the deaf ears.
Trump and his allies are still pushing deeper into cryptographic markets. Last month, the Trump family announced plans to launch Stablecoin Through the World Liberty Financial project.
From the January debut, $ Trump Meme Coin reportedly generated over $ 350 million for entities related to the president and his internal circle. The project website claims that 80% of tokens supply is in possession of Trump and associate entities.
The White House did not answer the request for comment. The government ethics office refused to comment.
Oge in the past explained that while The president and vice president are released From federal conflict regulations, which apply to other state officials and from ethical standards established by the executive order, he announced that the sitting presidents voluntarily warned these standards.
The ethics office may give recommendations, but has No authorization to enforce Financial sale or prosecution of conflicts involving the sitting president.
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