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🔥 July Big Event! The Vice President is hoarding coins, the President is issuing tokens, but Congress wants to shut it all down🤔?
The US is about to fully show its cards to the crypto circle🤓
On July 1st, the financial disclosure was just released. Vice President Vance holds between $250k and $500k in Bitcoin, similar to his gold holdings.
On the same day, Trump's side was even more explosive — 2025 crypto income exceeded $1.4 billion, with just $TRUMP
meme coin royalties alone at $635 million, $WLFI
token sales adding over $500 million.
And the result?
Democratic Senator Gillibrand directly proposed a bill: ban all elected officials and their spouses from issuing or sponsoring personal digital assets. Senator Warren was even tougher, demanding the bill must prevent the President, Vice President, members of Congress, and their families from profiting from the crypto industry😆.
In other words: "You've made enough, it's time to close the door."
TRUMP token fell from $74 to $1.68, a drop of 97%.
WLF token dropped 80%. It is said that 810k investors lost over $2 billion.
How are those who bought at the top feeling now?
$ARX
Gillibrand put it bluntly — "Public officials should not issue meme coins, and self-dealing transactions should not be allowed to destroy opportunities to protect consumers." The words are directed at politicians, but when tokens fall, who is paying the price?
Whether the bill will pass is unknown, but the signal is clear: the crypto feast for US politicians may be packing up, but today the orange-haired guy said he wants to build a crypto kingdom. Will he give in so easily🙃?
👇 Do you still have TRUMP coins in your portfolio? Discuss in the comments.
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