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.

  • jballs
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    18 hours ago

    Donald Trump faced backlash…

    Yeah, from people who have been crying foul about Trump for years now. Unfortunately his supporters just don’t give a shit. Why aren’t they asking Republican senators and representatives about the president launching his own currency? They’re the dumb fucks that should be offering up backlash but aren’t.

    • Optional@lemmy.world
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      15 hours ago

      The corporate news sewer spew begins. You can drink all you want, but it never gets any better and it costs a lot to do it.