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Democrats ask SEC to preserve records related to Trump's crypto business, probing conflicts

A pair of top Democratic lawmakers asked the U.S. securities regulator on Wednesday to preserve records related to President Donald Trump's crypto venture World Liberty Financial and posed questions about potential conflicts of interest.

Democrats on the House Financial Services Committee have requested that the Securities and Exchange Commission (SEC) preserve all records related to former President Donald Trump's cryptocurrency business, as they investigate potential conflicts of interest. This inquiry stems from Trump's recent launch of a line of non-fungible tokens (NFTs) and his promotion of various cryptocurrencies, which could potentially violate securities laws. The lawmakers are concerned that Trump's involvement in the crypto market might influence his political decisions and are seeking to ensure that the SEC thoroughly examines any possible legal breaches.

Read the Full Reuters Article at:
https://www.msn.com/en-us/news/politics/democrats-ask-sec-to-preserve-records-related-to-trump-s-crypto-business-probing-conflicts/ar-AA1Cbesm