Senators call for investigation of Trump memin, regulatory game heating up again
A group of U.S. senators have reportedly asked the Securities and Exchange Commission (SEC) to investigate Donald Trump 's memin, putting the "Official Trump " token back at the center of an increasingly heated political and regulatory controversy.
According to unconfirmed sources, U.S. senators have asked the SEC to open an investigation into Trump memos. However, the list of senators who signed the request, the date of the request, the specific wording and the specific matter alleged have not been verified. It should be emphasized that "calling for investigation" is not the same as "formally filing a case". There is currently no public record showing that the SEC has opened an investigation, made a determination, or charged anyone with violations.
The core content of the Senate's request is reported to be clear: The Senate wants the SEC, the regulator responsible for overseeing the U.S. securities market, to review the token. Their focus is on areas where information is currently opaque.
Existing briefings did not specify the specific charges raised by senators, the legal basis or the scope of the investigation they sought. These details need to be confirmed by referring to the original letter or announcement, but its authenticity cannot be verified at present.
Crucially, there are currently no verified sources that can establish that TRUMP tokens are securities, prove that the SEC has jurisdiction over them, or point to any violations of laws. These issues remain open questions rather than fait accompli. Previously, the token had attracted attention because of the huge revenue it generated, and the transaction fee alone had reached hundreds of thousands of dollars.
Data background behind the token
As of September 12, 2026, the transaction price of the "Official Trump " token is approximately US$2.00. This price is only market observation data at the time and is not a price change directly linked to the above request.
According to a data snapshot provided by the CoinGecko API, the market value of the token is close to US$546 million, and the 24-hour transaction volume is approximately US$177 million, an increase of approximately 2.7% for the day. These data are for background purposes only and do not imply any market response to the so-called Senate request or SEC investigation.
At that time, the overall sentiment of the cryptocurrency market was relatively optimistic, with the "Fear and Greed Index" reading of 63, which was in the "greedy" range. This is a measure of the overall market, not a measure of sentiment for this particular event.
Subsequent developments worthy of attention
As of now, no SEC response has been verified, and Trump or his token representatives have made no comments. The lack of these statements in the briefing does not amount to confirmation of silence.
Specific developments worth tracking include: the original letter announcing the senator's name and specific request, any official confirmation from the SEC, and whether the request will escalate into formal enforcement action. From World Liberty Financial to the fate of the CLARITY Act, Congress has shown its close focus on the crypto industry.
Before the original letter emerged, the central question hanging over the story was: Was this a real law enforcement push or a failed political pressure?
Disclaimer : This article is for reference only and does not constitute any financial or investment advice. There are significant risks in the cryptocurrency and digital asset markets. Be sure to conduct independent research before making a decision.

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