
Democrats prepare probes into Trump family crypto income
- —The oversight committee maintains a tracker of Trump family income from crypto and foreign deals
- —Committee estimate: $2.25 billion in foreign payments in the first year of the second term
- —Raskin requested data on investments by 1789 Capital and American Ventures of Trump's sons
- —In focus is a $500 million deal with UAE investors in the Trump sons' crypto company
Why it matters: The investigations could touch crypto projects linked to the Trump family and affect the political backdrop around U.S. industry regulation.
Source: Incrypted