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Senators call for SEC probe into Trump memecoin as crypto bill nears vote
Sens. Elizabeth Warren and Gary Blumenthal are urging the Securities and Exchange Commission to investigate President Donald Trump’s memecoin, according to The Block. The call comes as a broader crypto bill enters what the outlet describes as a pivotal week.
The Block reports the lawmakers want the SEC to examine the memecoin’s compliance and related issues as lawmakers move closer to a key decision on the pending legislation.
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