After President Trump released a financial report showing that he earned more than $600 million from the memecoin $TRUMP in 2025.
Immediately afterwards, Senator Gillibrand, one of the crypto supporters in Congress, continued to call for regulations that ban the President, members of Congress, and their spouses from issuing or holding digital assets.
Senator Gillibrand herself is also under scrutiny, after information disclosed that her son raised capital to launch a futures exchange platform. This platform is not related to crypto or blockchain, but still receives backing from Chris Larsen, co‑founder of Ripple.
Meanwhile, President Trump said he will not sign any crypto legislation if it contains provisions limiting his or his family's crypto activities. This further reduces the likelihood of CLARITY being passed.
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551.4K @ThuanCapital 
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142.0K @thinkingcrypto 
285.7K @EleanorTerrett 🚨NEW: Following the release of President Trump’s financial disclosures, which showed more than $600 million in income from his $TRUMP memecoin in 2025, Senator @gillibrandny has renewed her call for ethics reforms that would prohibit the president, members of Congress and their spouses from issuing or sponsoring digital assets.
The announcement also comes amid increased scrutiny over Senator Gillibrand’s longstanding calls for stronger ethics rules following reports that her son has raised funding to launch a perpetual futures exchange.
The platform will not, however, involve crypto or blockchain technology, according to reports, though it is backed by at least one crypto billionaire: @Ripple co-founder Chris Larsen.
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21.4K @subjectiveviews 285.7K @EleanorTerrett 🚨NEW: Following the release of President Trump’s financial disclosures, which showed more than $600 million in income from his $TRUMP memecoin in 2025, Senator @gillibrandny has renewed her call for ethics reforms that would prohibit the president, members of Congress and their spouses from issuing or sponsoring digital assets.
The announcement also comes amid increased scrutiny over Senator Gillibrand’s longstanding calls for stronger ethics rules following reports that her son has raised funding to launch a perpetual futures exchange.
The platform will not, however, involve crypto or blockchain technology, according to reports, though it is backed by at least one crypto billionaire: @Ripple co-founder Chris Larsen.
592
62
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