The crypto market structure bill faces growing threats from ethics concerns around President Trump’s TRUMP (CRYPTO: TRUMP) meme coin and a law enforcement clash over DeFi developer protections as the midterm clock ticks down.
The Memecoin Dinner Problem
Sens. Elizabeth Warren (D-Mass.), Adam Schiff (D-CA), and Richard Blumenthal (D-NY) pressed Bill Zanker, Trump’s longtime business partner behind the TRUMP meme coin, for details on a planned Mar-a-Lago conference on April 25 for the token’s biggest investors. Trump is listed as a featured guest.
Trump already committed to attend the White House Correspondents’ Dinner on April 25, while White House officials previously said they had not yet scheduled the meme coin dinner.
“Organizers are promoting a conference by dangling access to President Trump to potential attendees (and in doing so, are encouraging purchases of his meme coin that will generate transaction fees for the President and his …Full story available on Benzinga.com
Circle Defends USDC Freezing Powers After $270M Drift Protocol Exploit
...
Read moreDetails
