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On January 23rd, COINOTAG News highlighted a pressing investigation request made by U.S. Democratic Congressman Gerald Connolly to the House Oversight and Government Reform Committee. Connolly raised concerns regarding the potential conflict of interest stemming from former President Donald Trump’s cryptocurrency initiative. Central to this inquiry are the operations of the World Liberty Financial (WLFI) platform and the associated TRUMP token. In his communication, Connolly asserted that the absence of decisive action might result in Trump failing to adhere to the provisions stipulated in the Presidential Ethics Reform Act. This development signifies a critical intersection of politics and the evolving cryptocurrency landscape, warranting careful monitoring by stakeholders.
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