Democrats Target Trump Family Crypto Ventures With New Congressional Bill


Rep. Maxine Waters has introduced the "Stop TRUMP in Crypto Act" hours before the President's private dinner with top meme coin holders.


The legislation would ban presidents, vice presidents, and Congress members from owning or launching crypto assets while in office.


$TRUMP meme coin dropped 20.75% as Democrats raise concerns about foreign influence through crypto purchases.


Chinese billionaire Justin Sun, who bought over $22 million in Trump's meme coin, is a confirmed dinner attendee.


The bill extends restrictions to immediate family members, including spouses and children.


Waters leads 14 Democratic co-sponsors, citing the "biggest scam and abuse of power in American history."


#CryptoRegulation faces potential delays as Trump's business interests create legislative conflicts.

image
May 22, 2025 at 10:07 PM
6