Senators Demand SEC Probe Into Trump Memecoin After $3.8B Losses

NewsWed, 05 Aug 2026 02:30:34 UTC3 hours ago
Senators Demand SEC Probe Into Trump Memecoin After $3.8B Losses
Two U.S. senators urged regulators to investigate $TRUMP after nearly one million investors reportedly lost $3.81 billion while Trump-affiliated entities received $636 million. The request comes as Congress debates broader cryptocurrency legislation. Senators Ask SEC to Investigate $TRUMP U.S. Senators Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) urged the U.S. Securities and Exchange Commission (SEC) [โ€ฆ]
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