$TRUMP Coin Under Scrutiny as Senator Blumenthal Questions Timeline and Profits
President Donald Trump's cryptocurrency ventures are facing fresh scrutiny after Senator Richard Blumenthal (D-CT) raised questions about the timeline, financial gains, and structure of Trump's digital asset investments.
During a Capitol Hill forum, Senator Blumenthal questioned whether Trump's team had profited from the $TRUMP coin, which was launched in 2023. The senator also asked when exactly Trump became involved with the project and what his role is.
The $TRUMP coin has been at the center of controversy since its launch, with some critics accusing it of being a pump-and-dump scheme.