PANews|Oct 28, 2026 16:12
[Bloomberg: Crypto Firms Linked to Trump Family Prepare Legal Defenses; Democratic Investigations Possible if Midterm Elections Win] According to Bloomberg, cryptocurrency, venture capital, and prediction market firms linked to Trump and his family are ramping up their hiring of lawyers and lobbyists in preparation for potential congressional investigations. Democratic lawmakers have reportedly requested information from World Liberty Financial and 1789 Capital, focusing on whether these companies have received government contracts or preferential policies, and whether there are any conflicts of interest. However, analysts believe that even if the Democrats gain a majority in Congress in the midterm elections, the investigation may face obstacles, including difficulties in compelling testimony or documents from foreign individuals, and whether federal agencies such as the Department of Justice will take further action. Currently, the companies and the Trump family insist that their business activities comply with the law.
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