It was a Friday night bombshell that nobody saw coming.
As TRUMP turns one, conflict-of-interest questions remain unresolved—the Trump family continues to run multiple crypto ventures while the President is in office, and Democrats increasingly cite his personal enrichment as a reason to block digital asset reform.
"Trump's meme coin launch has done more harm than good to the industry as his political opponents are citing his personal gains from the meme coin launch as a reason to block or slow down the crypto's legislative process," Peter Chung, head of research at Singapore-based Presto Labs, told Decrypt. "It's an unnecessary distraction."
Crypto connectionsSenator Elizabeth Warren (D-MA) called the dinner "an orgy of corruption" during a press conference, while hundreds of protesters gathered outside the venue.
Decrypt has reached out to the White House for comment.
