Democrats victory in Congress raises fears of investigations into Trump's crypto ventures triggering heavy selling pressure on the official TRUMP meme coin.
Senator Richard Blumenthal has given Binance Tether and Trump family linked crypto firms until January 4 to hand over records as part of ongoing investigations.
The demand puts major crypto industry players under increased scrutiny raising fresh questions about transparency financial activities and potential political connections.
👀 Could this investigation have a wider impact on the crypto industry?
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