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SEC investigation: News & Analysis

Coverage of "SEC investigation" on Cryptosearcher: the stories and the context behind them.

Crypto

Nearly 1 Million Investors Lost $3.8 Billion on Trump Memecoin, Senators Demand SEC Action

Two senators are pushing the SEC to investigate a Trump-branded memecoin that collapsed 97% and left nearly 1 million investors with $3.8 billion in losses, alleging it operated as an illegal pump-and-dump scheme.

August 4, 2026

Nearly 1 Million Investors Lost $3.8 Billion on Trump Memecoin, Senators Demand SEC Action