Summary

Donald Trump faced backlash after launching the $TRUMP cryptocurrency meme coin, valued at billions, days before his inauguration.

Experts, including former ethics officials, called it a major conflict of interest, as Trump has pledged pro-crypto policies while profiting personally.

First Lady Melania also launched her own coin, $MELANIA.

Critics warn the coins, which lack intrinsic value and are highly volatile, could lead to lawsuits and public losses.

Ethics experts described the move as one of the worst conflicts of interest in modern U.S. presidential history.

  • cm0002@lemmy.world
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    9 days ago

    Oh yea because the last election cycle was the perfect time to ā€œteach them dems a lesson at the pollsā€ huh, oh yea theyā€™re really feeling it arenā€™t they? Definitely isnā€™t one of those ā€œpunishmentsā€ that ends up punishing the punisher more than the punisheeā€¦

      • cm0002@lemmy.world
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        9 days ago

        Literally any other one, Nov 2024 was the final boss and it was fumbled. All signs were pointing towards MAGA imploding had Trump lost in November, now instead theyā€™re more emboldened than ever. Good job with your ā€˜both sidesā€™ bullshit, you got what you wanted.

        • Madison420@lemmy.world
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          9 days ago

          So Trump one, we could sit out no repercussions?

          Honestly think about and listen to what you are saying.

          I specifically never said both sides nor implied it, I pointed the finger very specifically one direction.