The senators requested the U.S. Securities and Exchange Commission (SEC) probe the memecoin, citing an estimated $3.8 billion in losses for nearly a million investors, while Trump's financial disclosure indicated he made $636 million from the token. They argued this "stark asymmetry" raises questions about how Trump made his cryptocurrency fortune, including through potentially fraudulent schemes with implications for market integrity and stability. The request comes as the Digital Asset Market Clarity Act, which includes a contentious section on government officials' crypto ties, is being debated.