US Democratic lawmakers are requesting financial records from the US Treasury related to several cryptocurrency ventures linked to former President Donald Trump. Representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin wrote a May 14 letter demanding access to Suspicious Activity Reports (SARs) regarding World Liberty Financial (WLF) and the Official Trump token, citing concerns over potential misuse of funds for illicit activities. The request encompasses SARs filed since 2023 related to these projects, as well as inquiries into financial institutions’ filings in relation to WinRed, America PAC, Elon Musk, political action committees (PAC), Trump, WLF, TRUMP, MELANIA, and Justin Sun. The lawmakers aim to assess potential violations of campaign finance laws, consumer protection, bribery, securities fraud, and anti-corruption laws. They highlight the risk of misuse of these ventures for foreign influence peddling due to their international involvement. The letter also raises concerns regarding the lack of transparency in Trump’s token purchases, which allows bad actors to potentially use the tokens to curry favor with the former president.