Trump and his family are owned by the World Liberty Financial (WLFI) cryptocredit platform, which is now promoting the USD1 stablecoin. The senator said that the President could receive personal benefits from the legislation that recognizes such stablecoins as USD1, financial instruments.
“The adoption of the Genius law without our amendment to combat corruption will be confirmed that Congress permits the sale of political tokens and obeys the one who pays more,” Merpley wrote on social networks Kh.
In May, the MGX investment company from Abu Dhabi expressed its willingness to buy USD1 by $ 2 billion and then invest these tokens in the largest crypto-tank of the world of Binance. This will allow the Trump family to make a huge profit from the commissions for transactions, and democrats fear.
Merkli and Warren are also unhappy with conducting a dinner with Trump for the 220 largest holders of Trump Memcoin. Merpley was going to attend a protest organized by the Public Citizen human rights group in conjunction with the political organization OUR Revolution. Warren, Merkley and representatives of Public Citizen called on Trump to publish a list of guests on a gala dinner, since most of them are a secret. One of the candidates for dinner with Trump was the founder of Tron Justin Sun.
“At this private secret dinner, users who put the money in Donald Trump’s pocket gain access to it. They were able to pay to get an audience with the President of the United States and ask him for privileges in the field of national security. This is where the real corruption, ”said the Senator-Democrat from Connecticut Chris Murphy.
In April, another Democrat Senator John Ossoff called for Trump’s impeachment, accusing him of creating favorable conditions for the development of his own cryptocurrency projects. Ossoff called this abuse of power for the sake of personal financial benefit.
Source: Bits
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