News linked to both this project and an event.
According to CNN reports, U.S. Democratic Senators Warren and Blumenthal have requested the U.S. Securities and Exchange Commission (SEC) to investigate the "TRUMP" Meme coin issued by Trump to confirm whether the project involves fraud or improper profit. In a letter to SEC Chairman Paul Atkins, the two stated that the Trump Meme coin project "may constitute an illegal scam," and requested the regulatory agency to investigate whether the token involves "illegal fraudulent conduct or facilitates improper profit acquisition." Warren and Blumenthal focused in the letter on whether the project resembles a "Rug Pull" (exit scam) in the crypto industry. They believe that even if it is not a sudden divestiture-style rug pull in the traditional sense, it may still belong to a "soft rug pull" that causes investor losses by gradually withdrawing market support. The SEC should investigate whether the Trump Meme coin poses fraud risks and prevent investors from continuing to suffer losses. As of now, the SEC has not commented on this.
Last year, U.S. President Donald Trump posted "very big and exciting news" on his Truth Social platform. This came just after computer chip manufacturing giant Nvidia (NVDA.O) announced plans to build AI supercomputers in the United States. In a post on April 15, 2025, Trump promised his over 9 million followers that "all necessary permits will be expedited and promptly delivered to Nvidia and similar companies."However, what Trump did not disclose at the time was that, just days earlier, he had purchased between $200,000 and $500,000 worth of the company's stock. An investigation by CNN found that Trump had promoted over 20 companies on his Truth Social account days after buying their stocks—sometimes announcing government actions that could benefit the very companies he had just invested in. The White House strongly denied that Trump had ever used his position for personal gain, stating that all his actions were intended to benefit the American public. White House officials said all of the president's stock trades were handled by external financial managers, and that Trump and his family had no control over specific transactions. (CNN)
According to the U.S. War Powers Act of 1973, the President must terminate the use of armed forces within a 60-day deadline after initiating military action without congressional authorization. Currently, some lawmakers argue that May 1 marks the expiration of this deadline, citing President Trump's notification to Congress on March 2 regarding the commencement of hostilities. However, Defense Secretary Pete Hegseth stated that the current ceasefire status means the 60-day clock has been paused or stopped.In response, Senator Adam Schiff argued that a ceasefire does not pause the clock, and believes that since the war did not face an imminent threat at its outset, the military action was illegal from the start. Meanwhile, some Republican lawmakers, such as Lisa Murkowski, indicated that if the White House fails to present a viable plan by next week, they will introduce an Authorization for Use of Military Force (AUMF) proposal to fulfill Congress's oversight duties under the Constitution. At present, uncertainty remains over whether President Trump will seek the additional 30-day extension allowed by the Act. (CNN)
the U.S. Department of Justice has filed charges against U.S. Army Special Forces soldier Gannon Ken Van Dyke, accusing him of using classified intelligence to place bets on the prediction market platform Polymarket regarding the U.S. raid on Venezuela, resulting in illegal profits of over $400,000.According to the latest disclosure by CNN, Trump appears to have shifted his stance on the matter. Upon learning that the soldier had bet on Maduro's downfall, Trump compared the situation to baseball legend Pete Rose betting on his own team to win, downplaying the response. Trump stated: "It's like Rose betting on his own team to win. If he bet on his own team to lose, that would be bad, but he bet on them to win. I will look into it." Additionally, given Trump's support for Rose, at least several of Trump's allies have indicated that Trump should pardon the soldier. (CNN)