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.

  • just_another_person@lemmy.world
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    23 hours ago

    “America” did not. I’m sick of these articles making it sound like he won big. He didn’t. 1.43% . The smallest margin of victory in 25 years.

    His idiot followers have no critical thinking skills and voted for all the lies he told them which they are up. They’re going to be absolutely devastated under his presidency.