• CONTACT
  • MARKETCAP
Coin  Deskk
  • BOOKMARKS
  • What’s New
  • Cryptocurrency
  • Pages
    • Contact Us
    • Search Page
    • Customize Interests
    • My Bookmarks
  • Home Coin
  • Home Coin
Reading: Trump-linked crypto slides as Senators press gala details
Share
Coin  DeskkCoin  Deskk
Font ResizerAa
  • Home
  • Crypto
  • Market
  • Blockchain
  • Contact
Search
© 2026 Coindeskk News Network. All Rights Reserved.
What's New

Trump-linked crypto slides as Senators press gala details

Crypto
Last updated: April 12, 2026 10:12 am
Crypto
Published: April 12, 2026
Share
Trump-linked crypto slides as Senators press gala details

Donald Trump is facing fresh scrutiny as crypto tokens tied to his name and family trade near record lows.  Summary TRUMP fell about 90% from its peak as renewed scrutiny hit Trump-linked crypto projects again this week. WLFI dropped to a fresh all-time low as criticism of Trump family crypto ties intensified. Senators pressed Bill Zanker for details after Trump announced an April 25 gala for token holders. The pressure has grown after a new gala for token holders raised new questions from Democratic lawmakers. Trump-linked tokens extend losses The Official Trump token, known as TRUMP, fell to an all-time low of about $2.73 in March 2026. It later traded near $2.86, according to CoinGecko data. The token has dropped about 90% from its January 2025 peak above $73. The decline has kept attention on Trump-backed crypto ventures as traders track whether the project can regain momentum. World Liberty Financial’s governance token, WLFI, also fell sharply. The token dropped to about $0.07 on Saturday, marking a new all-time low. WLFI is down nearly 75% from its September 2025 high of about $0.31. The slide has added to pressure on projects linked to Trump and his family. Criticism grows around Trump crypto ventures The price declines drew criticism from market observers and legal scholars. Professor Tonya Evans responded to the sell-off with a sharp rebuke of Trump’s role in crypto. “We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible,” Evans said.  She added that “turns out, it was the guy who surrounds himself with sycophants, siphons every bit of value he can for himself, and then expeditiously bankrupts companies and casinos without consequence.” Her comments came as debate over Trump’s crypto activity returned to the center of public discussion. Critics have focused on whether token-linked events create a financial path to political access. April gala draws Senate attention President Trump recently announced another gala for token holders, scheduled for April 25. The event has drawn criticism from Democratic senators who said the plan raises questions about access and fundraising. Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff sent a letter to Bill Zanker, the memecoin’s creator, seeking details about the event, according to Politico. They said organizers were “dangling access” to Trump while requiring attendees to hold TRUMP tokens, a structure they said could benefit Trump and his family through increased token demand. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Taiwan court sentences BitShine founder to 22 years in $39M crypto fraud
EOS Surges 8%: Will Bulls Finally Smash $1 Barrier?
Aave founder challenges report on Kraken investment talks
Can Velvet price reach $2 as SpaceX IPO hype drives demand?
Playnance introduces G Coin as token economy for its blockchain gaming ecosystem

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article AI Crime Solving: US Police Expand AI Tools AI Crime Solving: US Police Expand AI Tools
Next Article Crypto Market update: Altcoins sink as Bitcoin pulls back on failed talks Crypto Market update: Altcoins sink as Bitcoin pulls back on failed talks

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
A16z Delves Deep: $70m Bet on EigenLayer Before EigenCloud Takes Off
Shiba Inu Plunges: Will It Survive This Critical Test?
Shiba Inu Plunges: Will It Survive This Critical Test?
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead
Solana Breaks Limits: Prepare for Unstoppable Blockchain Revolution Ahead

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin  Deskk

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

© Coindeskk News Network. All Rights Reserved.