Warren, Blumenthal ask SEC to investigate Trump meme coin

Sens. Elizabeth Warren and Richard Blumenthal called on Wall Street's top cop to investigate whether President Donald Trump's meme coin is a scam.

Sens. Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) sent a letter to the Securities and Exchange Commission (SEC) demanding an investigation into President Trump’s meme coin that they worried could be a “rug pull.” “Your agency is responsible for promoting integrity, stability, and fairness in our financi