Donald Trump faces an ethics investigation after his public involvement in the TRUMP token raised concerns about national security and conflict of interest. 
In a letter written to the House Oversight and Government Reform, Trump’s meme coin was cited to have the potential to give undue access to foreign entities. 
US House Representative Gerald Connolly has called for an urgent ethics investigation into US President Donald Trump’s recent involvement in the crypto industry. According to him, his actions raise concerns of potential conflict of interest and transparency issues.
Trump’s Involvement in Crypto
As featured in our recent coverage, Donald Trump earlier endorsed the TRUMP token as his official meme coin, sparking speculations and significantly pushing the price to an all-time high price of $75. According to market data, the coin surged by almost 1000% to surpass Shiba Inu (SHIB), becoming the second-largest meme coin in the world. However, this was short-lived, as the a

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