🇺🇸⚖️🪙🔥 Warren Demands SEC Oversight on Trump’s Crypto-Linked ETFs Amid Conflict Concerns
🔹 Summary:
Senator Elizabeth Warren pressed the SEC to disclose how it plans to regulate ETFs launched by Trump Media, citing serious conflict-of-interest risks tied to President Trump’s financial stakes.
The Trump family's deepening expansion into crypto markets, coupled with the president’s deregulation promises, has sparked intensified scrutiny from ethics watchdogs and political opponents.
🔹 Key Points:
• Warren's letter urges the SEC to preserve all communications tied to Trump Media’s ETF plans and its cryptocurrency partnerships.
• Trump Media recently announced a deal with and Yorkville America Digital to launch crypto-focused retail investment products.
• The Trump family owns around 60% of Trump Media, now valued at roughly $3 billion following strong stock gains since April 2.
• President Trump has pledged to relax crypto regulations, raising ethical concerns about financial gains tied to his policymaking.
• Despite Republican control of Congress limiting formal probes, Warren requested a formal SEC response by May 2.
@CMEActiveTrader Tickers Of Interest:
Tickers Of Interest: $BTC $ETH $USD $CRO $DJT
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