Bloomberg: The Trump family's associated cryptocurrency business is intensifying its hiring of lawyers

According to Bloomberg, cryptocurrency, venture capital, and prediction market companies associated with Trump and his family are ramping up efforts to hire lawyers and lobbyists in preparation for a potential congressional investigation.

Democratic lawmakers have requested information from World Liberty Financial and 1789 Capital, focusing on whether the related companies have received government contracts, policy favors, and whether there are any conflicts of interest.

Bloomberg reports that even if Democrats gain a majority in Congress in the midterm elections, the investigation may face obstacles, including difficulties in compelling foreign individuals to provide testimony or documents, as well as whether federal agencies like the Department of Justice will take further action. The related companies and the Trump family insist that their business activities comply with legal regulations.