Senators Press Treasury, DOJ About Binance’s Ties to Trump

Democratic senators including Maryland’s Chris Van Hollen and Massachusetts’ Elizabeth Warren are demanding answers from top federal officials about ties between crypto giant Binance and Trump family-related digital asset ventures.

In a letter sent Friday to Treasury Secretary Scott Bessent and Attorney General Pam Bondi, the senators raised concerns about President Donald Trump’s connection to an exchange that was found guilty of violating US money laundering and sanction laws. Senators Sheldon Whitehouse of Rhode Island and Richard Blumenthal of Connecticut also signed the letter.