Donald Trump memecoin $Trump creates billions out of thin air
“Any effort the Trump Organisation was making to demonstrate they were concerned about potential conflicts, specifically where it comes to foreign governments — this seems to entirely undermine,” Brian said.
Other groups that raised concerns include the nonprofit Campaign Legal Centre and Citizens for Responsible Ethics in Washington, which unsuccessfully sued Trump in his first term for violating constitutional prohibitions on foreign gifts and compensation.
“The clear difference with crypto is how quickly you can have a windfall,” said Kedric Payne, general counsel at the Campaign Legal Centre.
Industry euphoria
The meme coin further enmeshes the Trump family in an industry his administration will be responsible for regulating.
