Experts alarmed by Trumps’ crypto meme coins: ‘America voted for corruption’ | Business
Donald Trump was accused of corruption as he returned to the White House days after launching a multibillion-dollar cryptocurrency meme coin. Former government ethics officials and presidential experts said the venture amounted to a “shameful” conflict of interest.
The president and his wife, Melania, each announced their own respective coins ahead of his inauguration. Both were valued at billions of dollars as Trump took the oath of office on Monday.
“There are shameful and major conflicts of interest with respect to his family business benefiting from his cryptocurrency policies,” said James Thurber, the founder and former director of the Center for Congressional and Presidential Studies.
Trump “does not seem to worry about the…
