With a potential scheduling conflict, several senators want to know if the president plans to attend a luncheon for memecoin holders in Florida or is just seeking to generate fees.
Corruption News
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Michael Coberg was sentenced to 63 months in prison for helping the so-called crypto “Godfather” stage a sham drug bust and extort a victim for $127,000.
2023 - News
Senator Elizabeth Warren pointed to the SEC's recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption.
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Although US President Donald Trump was not slated to appear at today's event, it will include two senators, the CFTC chair, and industry leaders.
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Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry.
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A new report warned that the Central African Republic’s crypto push favored elites and exposed the country to foreign criminal networks, rather than boosting financial inclusion.
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Richard Teng said Binance "didn’t partake" in the decision for an Abu Dhabi-based company to use World Liberty Financial's USD1 for a $2 billion investment into the exchange.
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Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
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Many in Congress are scrutinizing Donald Trump’s presidential pardon of Changpeng Zhao, but Senator Elizabeth Warren’s comments drew attention from the former Binance CEO.
5316 - Analysis
President Donald Trump has pardoned CZ, marking another act of clemency for a prominent figure in the crypto industry that signals a concerning trend.
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Seven Senate Democrats asked the US attorney general and the DOJ to explain President Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt move.
3022 - News
Bolivian President-elect Rodrigo Paz plans to use blockchain for public procurement and include crypto in asset declarations for a new fund.
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Albania has turned to AI bot Diella to tackle public procurement, aiming to rein in the Balkan country’s long-standing issues with corruption and organized crime.
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California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.
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The bill pushed by the representative included a ban on lawmakers and their families from “launching, promoting, or trading in coins where they hold a personal financial interest.”
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