The Department of Justice opened a criminal inquiry in late May 2026 examining whether E. Jean Carroll committed perjury in a 2022 deposition tied to her civil lawsuits against President Trump, specifically statements about outside funding from a nonprofit linked to Reid Hoffman. Subsequent statements from the U.S. Attorney for the Northern District of Illinois denied any investigation targeting Carroll herself, clarifying focus on the funding source instead. No indictment or charges have followed, and perjury prosecutions face high evidentiary thresholds. Supreme Court rulings in June and August 2026 upheld the civil judgments against Trump, removing one potential lever for further action. Trader odds reflect these procedural hurdles, the early stage of any probe, and historical difficulty converting such inquiries into formal federal charges.