Senior members of the Democratic Party in the United States are urging the Treasury Department to investigate Trump's Crypto Assets transactions for potential bribery risks.

According to Mars Finance news, on May 15, 2025, senior members of the Democratic Party in the United States sent a letter to the Treasury Department requesting transaction records between former President Donald Trump, his affiliated companies, and the Crypto Assets industry, on the grounds that these transactions may involve "potential bribery risks."

Trump's recent Crypto Assets activities

Trump publicly supported Crypto Assets multiple times during the 2024 presidential campaign and revealed that he holds digital assets such as Bitcoin.

The enterprises under its name have previously established business collaborations with several encryption companies, including NFT issuance and exchange promotion.

The Democratic Party questions the transfer of interests.

Lawmakers believe that the Trump team may circumvent traditional financial regulations through Crypto Assets transactions, concealing illegal fund flows.

Pay special attention to whether it uses token issuance (such as "TrumpCoin") for political fundraising or interest exchange.

Legal Basis

The Democratic Party cited the Foreign Corrupt Practices Act (FCPA) and the Federal Election Campaign Act, requesting the Treasury Department to verify the compliance of relevant transactions.

Reactions from all parties

Trump's team: Dismisses the accusations as "political persecution" and emphasizes that its encryption business is completely legal.

Crypto Assets industry: Some people are concerned that this may lead to stricter industry regulation.

Background link: The U.S. Treasury has not yet publicly responded, but has recently intensified scrutiny of politicians' Crypto Assets.