Congress Must Investigate Trump's Crypto Coin and Foreign Influence

I urge you to investigate the $TRUMP cryptocurrency and related ventures as potential vehicles for foreign influence, specifically concerning violations of the Emoluments Clause and other federal laws. Reports indicate concerning patterns where foreign interests acquire these coins, followed by actions benefiting them: Justin Sun, a Chinese crypto billionaire and top $TRUMP coin holder, saw the SEC pause its enforcement action shortly after reportedly investing in Trump-linked crypto ventures. GD Culture Group, a Chinese-linked company, announced a $300 million $TRUMP coin purchase around the time the administration was considering a TikTok ban/sale, a company to which GD Culture Group is affiliated. MGX, an Emirati firm, announced a $2 billion investment using World Liberty Financial's stablecoin, indirectly poised to enrich the Trump family and raise questions about foreign governments "currying favor." These situations raise serious concerns. The anonymity of crypto transactions allows foreign entities to funnel money, potentially in exchange for influence or favorable policy. This may violate the Foreign Emoluments Clause (Article I, Section 9, Clause 8), which prohibits federal officials from accepting benefits from foreign states without congressional consent. This conduct also raises concerns about federal ethics statutes and bribery. The appearance of foreign entities buying influence with the highest office, masked by cryptocurrency, threatens our national security and democratic integrity. We need an investigation and we need answers from the administration.