Outside Trump's meme coin dinner
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Critics of the president’s decision to auction off a private dinner via his Trump-branded crypto token were worried about the stunt for a few reasons. At the top of the list: the potential for foreigners to buy access to the sitting president,
U.S. banking giants, including JPMorgan and Bank of America, are exploring a unified stablecoin, signaling a shift toward regulated digital assets. The move could disrupt political tokens like the $TRUMP memecoin and reshape the U.
In 2023, the US Securities and Exchange Commission (SEC) filed a case against Sun, accusing him of selling unregistered securities through his companies—the Tron Foundation, BitTorrent Foundation, and Rainberry Inc.—and of hiring celebrities to promote his tokens without disclosures.
More companies are announcing plans to buy cryptocurrencies to help lift their share prices.
Donald Trump is under scrutiny for using the presidential seal at a private dinner for $TRUMP memecoin investors, potentially violating federal law. The event, held at Trump National Golf Club, raises concerns about ethical conflicts and possible foreign influence.
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Moo Deng, which is based on a baby pygmy hippo, has risen to a $230 million market cap this month after the meme went viral online in 2024. The token skyrocketed over 836% in May and jumped another 21% over the past 24 hours.
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San José Spotlight on MSNDemocrats want to force a vote on Trump’s memecoin activityAs President Donald Trump headed over to his Virginia golf course for a gala with the 250 top buyers of his $TRUMP “memecoin,” Democrats are trying to find ways to push back on the president’s incursions in the cryptocurrency market.
These were once the dominant players in the penny stock-like corner of the cryptocurrency markets that plays home to memecoins — a risky type of digital asset that, unlike its big brother counterparts bitcoin and ether, has no inherent value. And then came President Donald Trump ’s $TRUMP.