Senator Elizabeth Warren has called for an investigation into the ethical and legal issues surrounding the launch of Donald and Melania Trump's crypto tokens, TRUMP and MELANIA. Warren expressed concern that the memecoins have enriched Trump personally and created a volatile financial asset that allows anyone to financially speculate on his political fortunes. She also raised the possibility of foreign influence over the President, as leaders of hostile nations could covertly buy the memecoins. Warren and Representative Jake Auchincloss have requested answers from regulatory heads by February 4th regarding ethical rules, measures to track and regulate foreign or illicit purchases, legal definitions and regulatory authority over memecoins, and protection mechanisms for retail investors.