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US Lawmakers Question SEC Acting Chair About Trump’s Crypto Ventures In New Letter

Bitcoinist LogoBitcoinist2d ago

US Lawmakers Question SEC Acting Chair About Trump’s Crypto Ventures In New Letter - Bitcoinist

Quick Summary:

Two Democrat US Lawmakers have sent a letter to the Securities and Exchange Commission (SEC) acting chair, Mark Uyeda, asking about President Donald Trump’s crypto businesses and potential conflicts of interest related to the Commission’s regulations.

Senator Warren and Representative Waters requested the SEC Chair to “preserve and provide” copies of all records and communications regarding WLFI at the Commission from October 15, 2024, until the present by April 14, 2025.

In the letter, they also inquired about all records and communications related to the SEC’s decision to pause its case against Tron founder Justin Sun and his affiliated companies, citing his $75 million investment into WLFI as a concern.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 11:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 27581764

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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