Trump Family’s Crypto Business Faces Congressional Investigation
Start here
AI-assisted source synthesis · not an independent investigation.
A report dated November 5, 2026, stated that after the U.S. midterm elections, the Democratic Party won both chambers of Congress, and the expected congressional investigation into the Trump family’s crypto business intensified, triggering a sell-off in the market. The Official Trump (TRUMP) token fell more than 15% over the past 24 hours, at one point touching a record low of $1.22, and was around $1.27 at the time of reporting; WLFI fell about 6%, while MELANIA fell nearly 13%. During the same period, Bitcoin recovered to above $80,000. The report also said that the 120th Congress will convene in January 2027, at which time committee chairs will gain the power to subpoena testimony and documents.
AI-written from reports · updated 2 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- CryptopolitanTRUMP Coin plunges more than 15% after Democrats win both chambers in US midterms, faces crypto investigations
Official Trump (TRUMP) token fell more than 15% over the past 24 hours as Democrats took control of both chambers of Congress following the US midterm elections, with expectations of investigations into the Trump family’s crypto business intensifying the sell-off. The token briefly hit an all-time low of $1.22 and is now trading at around $1.27; WLFI fell about 6%, MELANIA dropped nearly 13%, while Bitcoin rebounded above $80K. When the 120th Congress convenes in January 2027, committee chairs will gain the power to subpoena testimony and documents.
Heat over time
Not enough consecutive observations yet to draw a trend.