# Democrats Ask Treasury to Provide Report on Trump's Crypto Ventures

*Author: Bankless*
*Published: May 14, 2025*
*Source: https://www.bankless.com/read/democrate-ask-treasury-to-provide-report-on-trumps-crypto-ventures*

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Democrats requested reports on Trump-backed crypto projects over bribery and corruption concerns, amplifying political scrutiny on crypto ventures, [The Block ](https://www.theblock.co/post/354345/democrats-ask-treasury-for-suspicious-activity-reports-on-trump-crypto-ventures-mention-justin-sun)reports. 

## **What’s the Scoop?**
- **Suspicious Activity Reports Requested**: House Democrats formally requested all suspicious activity reports (SARs) concerning Trump-backed crypto projects, raising concerns over possible financial misconduct.
- **Justin Sun's Ties Highlighted**: Democrats allege Justin Sun invested $75 million in World Liberty Financial tokens, drawing SEC attention and concerns over potential impropriety.
- **Treasury's Role in Question**: Democrats aim to pressure the Treasury and its Trump-era appointed Secretary, Scott Bessent, to provide increased transparency regarding crypto-related activities.
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