Attorneys for Donald Trump’s World Liberty Financial crypto project pushed back against claims about potential conflicts of interest raised by the Democratic head of a Senate investigative subcommittee.

With the meme coin $TRUMP and the company World Liberty Financial, the President is using an underregulated industry to enrich himself and court foreign influence.

Democrats are leaning into a corruption argument against President Donald Trump, pointing to his crypto meme coin and plans to accept a luxury jet from Qatar as evidence that the president is potentially violating ethical norms and the US Constitution.