美國眾議院民主黨要求所有可疑活動報告（SARS）

美國眾議院民主黨人正式要求財政部長斯科特·貝斯特（Scott Bessent）提供有關加密貨幣的所有可疑活動報告（SARS）

US House Democrats are requesting Treasury Secretary Scott Bessent to provide all Suspicious Activity Reports (SARs) regarding cryptocurrency ventures linked to President Donald Trump and his family.

美國眾議院民主黨人要求財政部長斯科特·貝斯特（Scott Bessent）提供有關與唐納德·特朗普總統及其家人有關的加密貨幣企業的所有可疑活動報告（SARS）。

In a letter dated 14 May and signed by Congressmen Gerald E. Connolly, Joe Morelle, and Jamie Raskin, concerns were raised about corruption, bribery, election finance violations, and predatory practices, especially against vulnerable citizens.

在5月14日的一封信中，並由國會議員杰拉爾德·E·康諾利（Gerald E.

The request focuses on several entities traceable to the former president, starting with World Liberty Financial (WLF), the crypto platform launched by the Trump family in 2024. The company issued a non-transferrable governance token with no intrinsic economic value and no ownership rights, but nevertheless actively promoted by the president’s circle.

該請求著重於可追溯到前總統的幾個實體，從世界自由金融（WLF）開始，這是特朗普家族於2024年推出的加密平台。該公司發行了一個不可轉讓的治理代幣，沒有內在的經濟價值，沒有所有權，但從未有過總統的圈子。

According to the petitioners, this initiative represents one of the most serious conflicts of interest ever documented, even in light of the current administration’s pro-Trump political agenda.

據請願人士說，這項倡議是有史以來最嚴重的利益衝突之一，即使鑑於現任政府的親特朗普政治議程。

The heating of the case

箱子的加熱

The case unfolded rapidly in recent months, beginning with an investment of $75 million by Justin Sun, a Chinese entrepreneur under investigation by the SEC for fraud, in WLF itself. Following Sun’s entry into the platform’s capital – which took place in two tranches between January and March – the SEC suspended enforcement action against him.

該案最近幾個月迅速展開，首先是WLF本身對SEC欺詐的中國企業家賈斯汀·孫（Justin Sun）投資的7500萬美元。 Sun進入平台的首都（在1月至3月之間進行了兩次分段）之後，SEC暫停了對他的執法行動。

In March, WLI announced the launch of a stablecoin called USD1. A few days later, a fund linked to an Abu Dhabi investor announced its intention to use USD1 to close a $2 billion deal on the Binance exchange, generating indirect profits for WLF.

3月，WLI宣布推出了一個名為USD1的Stablecoin。幾天后，與阿布扎比一家投資者有關的基金宣布打算使用USD1在Binance Exchange上完成20億美元的交易，從而為WLF帶來間接利潤。

This link between stablecoins, international investments and political influence raised the alarm of Ritchie Torres, a Democratic congressman who introduced a bill to prohibit sitting presidents from profiting from stablecoins or digital initiatives with a high risk of conflict of interest.

斯塔布雷金斯，國際投資和政治影響力之間的這種聯繫引起了民主黨國會議員里奇·托雷斯（Ritchie Torres）的警報，他提出了一項法案，以禁止現任總統從斯塔布雷克斯（Stablecoins）或數字倡議中獲利，並具有高利益衝突的風險。

The $TRUMP contest and access to the president

$特朗普大賽和與總統的接觸

Special attention was also paid to the launch of the $TRUMP memecoin, which occurred the day before the presidential inauguration. The cryptocurrency, which has no functional purpose, was used to organise a contest guaranteeing an invitation to dinner with Trump to the first 220 buyers of the token.

還特別關注了$ trump Memecoin的推出，該成員發生在總統就職典禮的前一天。沒有功能目的的加密貨幣被用來組織一場比賽，以確保與特朗普共進晚餐的邀請到代幣的前220名買家。

The user ranking, visible on the coin’s official website, shows only nicknames and wallet codes. No biographical data or geographical limits are required, which has fuelled suspicions about the possibility of foreigners buying political influence via cryptocurrency.

用戶排名在硬幣的官方網站上可見，僅顯示暱稱和錢包代碼。不需要傳記數據或地理限制，這引起了人們對外國人通過加密貨幣購買政治影響的可能性的懷疑。

In particular, the wallet linked to the largest buyer of $TRUMP – worth more than $18 million – was associated with Justin Sun himself. A further investment of $300 million in $TRUMP tokens was announced by GD Culture Group, a US-based technology company with ties to a Chinese subsidiary and e-commerce activities on TikTok. The deal coincided with internal debate within the administration over a possible ban or forced sale of the TikTok platform in the US.

特別是，與特朗普最大的買家有關的錢包（價值超過1800萬美元）與賈斯汀·孫本人有關。 GD Culture Group宣布了一家總部位於美國的技術公司與中國在Tiktok的子公司和電子商務活動聯繫的GD Culture Group宣布了3億美元的特朗普代幣的進一步投資。該交易恰逢政府內部關於在美國可能的禁令或強迫出售Tiktok平台的內部辯論。

The opaque structure of the crypto empire

加密帝國的不透明結構

The structure of the $TRUMP token empire is complex and opaque. Although Donald Trump does not formally own the companies that operate $TRUMP, entities connected to the Trump Organisation control about 80 per cent of the token’s total supply, equivalent to one billion units. From exchange fees alone, according to recent estimates, over $100 million has already been collected.

$ trump代幣帝國的結構很複雜且不透明。儘管唐納德·特朗普（Donald Trump）不正式擁有經營特朗普$的公司，但與特朗普組織有關的實體控制著代幣總供應量的80％，相當於10億個單位。根據最近的估計，僅交換費用就已經收取了超過1億美元。

The legal entities involved include CIC Digital LLC and Fight Fight LLC, both linked to the financial ecosystem of the Trump family, which has also announced the future listing of its own Bitcoin mining company.

涉及的法律實體包括CIC Digital LLC和Fight Fight LLC，都與特朗普家族的金融生態系統有關，該系統還宣布了其自己的比特幣礦業公司的未來上市。

In the face of ethical and legal concerns, some parliamentarians, including some Republicans, have spoken out against the $TRUMP contest and WLF’s operations. Senator Richard Blumenthal, for example, opened a formal investigation calling the situation ‘an unprecedented pay-to-play system’.

面對道德和法律問題，一些議員，包括一些共和黨人在內，已經反對特朗普競賽和WLF的行動。例如，參議員理查德·布魯門塔爾（Richard Blumenthal）開場了一項正式調查，稱這種情況為“前所未有的付費系統”。

Meanwhile, the Genius Act, a bipartisan bill to regulate the crypto sector, was blocked due to the implications of the Trump case. Three Republicans joined Democrats in calling for stronger clauses to avoid future cryptocurrency-related conflicts of interest. “The biggest corruption crisis in modern history is unfolding now before our eyes,” said Senator Elizabeth Warren,.

同時，由於特朗普案的含義，《天才法案》（Genius Act）是一項規範加密貨幣部門的兩黨法案。三名共和黨人加入民主黨人呼籲提出更強大的條款，以避免未來與加密貨幣有關的利益衝突。參議員伊麗莎白·沃倫（Elizabeth Warren）說：“現代歷史上最大的腐敗危機現在正在發展。”