Democratic lawmakers and researchers have called for investigations into the Trump family's cryptocurrency dealings amid concerns over foreign influence and corruption. The Trump family's crypto ventures, including a memecoin, have drawn scrutiny for potentially enabling bribery and regulatory capture. Senior U.S. Treasury advisor Chastity Murphy described the crypto empire as a vehicle for influence peddling and regulatory manipulation. Representative Sylvia Garcia criticized the Trump administration for weakening protections against fraud while family-associated firms like World Liberty Financial profit from the crypto market. A Bloomberg News analysis found that over 75% of the top 220 holders of Trump's memecoin are likely based outside the United States, with notable investors such as Justin Sun holding approximately $18 million. This foreign ownership raises concerns about potential foreign influence, especially as some top memecoin holders are competing for exclusive access to President Trump, including a May 22 dinner and a White House tour. The controversy has jeopardized a key cryptocurrency bill that the industry supports for regulatory clarity. The ongoing debate underscores fears that Trump's crypto activities may compromise the impartiality of future U.S. cryptocurrency regulations.