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Senator Chris Murphy Accuses Trump of Running Crypto Backdoor Bribery Scheme https://cryptonews.com/news/senator-chris-murphy-accuses-trump-of-running-crypto-backdoor-bribery-scheme/

Senator Chris Murphy Accuses Trump of Running Crypto Backdoor Bribery Scheme

Senator Chris Murphy (D-CT) has accused President Donald Trump of operating a "backdoor bribery scheme" through his cryptocurrency, TRUMP, suggesting it allows covert payments from CEOs and foreign oligarchs in exchange for political favors. This claim coincides with Trump's recent 90-day suspension of tariffs on most U.S. trading partners - excluding China.

Murphy has repeatedly criticized the $TRUMP coin since its January launch, when Trump and his wife introduced the token alongside MELANIA, a matching cryptocurrency. According to CoinGecko, the $TRUMP coin peaked at $72.62 on January 19, reaching a market cap of $14.58 billion. The coin has since declined, falling over 13% in the past week.

The controversy adds fuel to discussions on digital asset regulation and political finance oversight. Why Trust Cryptonews?

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