The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump's recent crypto activities and whether they're part of a "pay-to-play scheme to provide access to the Presidency to the highest bidder."Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations — a panel housed within the Committee on Homeland Security and Government Affairs — wrote letters to Bill Zanker of Fight Fight Fight LLC and Zach Witkoff, a co-founder of World Liberty Financial on Tuesday, asking them a series of questions about the ownership and investment structure for Trump-affiliated entities, including Fight Fight Fight LLC (the company behind the TRUMP memecoin), CIC Digital LLC (which issued Trump's NFTs and co-owns Fight Fight Fight), Celebration Cards LLC (another entity affiliated with Trump's NFTs) and DTTM Operations LLC (which manages Trump's IP rights), as well as World Liberty Financial and its affiliated entities
source: https://www.coindesk.com/policy/2025/05/06/senate-democrat-says-hes-looking-into-trumps-crypto-businesses