- United States
- Maine
- Letter
I urge you to oppose the GENIUS Act as it fails to address the glaring issue of Trump utilizing cryptocurrency to enable corruption and bribery. It is deeply concerning that the former president and his family have launched their own cryptocurrencies, which are being used to solicit funds from corporate interests and foreign governments in a pay-to-play scheme. This blatant abuse of crypto poses a severe threat to financial integrity and stability. The proposed legislation does nothing to curb these illicit practices, essentially enabling Trump's crypto corruption to continue unchecked. As an elected representative, you have a responsibility to protect the integrity of our financial systems and uphold transparency. I implore you to reject the GENIUS Act and take decisive action to regulate cryptocurrency in a manner that prevents its exploitation for personal gain and corruption. The American people deserve better than lawmakers turning a blind eye to such egregious misconduct.