Lawmakers Press SEC for Details on Trump’s Crypto Connections

Quick Summary:

Trump’s crypto ties pose "an unprecedented conflict of interest,” said lawmakers asking the SEC for answers on paused enforcement cases.

The letter urges the SEC to preserve and provide records dating back to October 15, 2024, when WLFI began selling its $WLFI token through an exempt securities offering that has already brought in $550 million.

Under Acting Chair Mark Uyeda, the SEC has pivoted from aggressive enforcement to a more hands-off approach, pausing or dropping multiple crypto lawsuits, including cases against Coinbase, Kraken, Uniswap Labs, and OpenSea, among others.

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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets: Estonia

Topics: SEC Regulations World Liberty Financial Law and Order Lawmakers Securities and Exchange Commission Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 05:40:23 (1 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 612 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27554582

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 9 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 8 hours ago

Coverage Areas: Estonia

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #63

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