More than 30 members of the US Congress have called for an investigation into Donald Trump following a private dinner he hosted for investors in his memecoin on May 22. The letter addressed to the Justice Department expressed concerns over potential violations of the Constitution regarding foreign influence and corruption. The emoluments clause prohibits a president from accepting gifts from foreign states without Congressional approval. The dinner, held at Trump National Golf Club, reportedly included several foreign nationals potentially linked to crypto exchanges. There are concerns that the $TRUMP memecoin promotion could allow foreign governments to influence US policies without disclosing their identities. In response, Democratic lawmakers have proposed legislation to address what they termed “Trump’s crypto corruption,” coinciding with a bill regarding stablecoin regulation. The complete guest list for the dinner was not fully disclosed, further fueling concerns and calls for transparency.

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