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Crypto and investment companies linked to the Trump family are preparing for potential congressional investigations focused on government contracts, policy favors, and conflicts of interest.
Bloomberg reported that crypto, venture capital, and prediction market businesses linked to the Trump family are increasing their hiring of lawyers and lobbyists in response to possible congressional investigations. Democratic lawmakers have requested information from World Liberty Financial and 1789 Capital.
Senator Richard Blumenthal wrote to Tether and Nxum Group, seeking an explanation of Tether payment arrangements involving the consulting firm Bo Hines helped found, and raising ethical and legal concerns.