Think Tank Calls for DOJ Probe Into TRUMP Meme Coin Over Possible Anti-Bribery Violations

A progressive think tank has urged the U.S. Department of Justice (DOJ) to scrutinize the legality of the meme coin TRUMP (CRYPTO: TRUMP) launched by President Donald Trump.

What Happened: The nonprofit consumer advocacy group, Public Citizen, has raised questions about the legality of the President’s new cryptocurrency TRUMP meme coin.

The meme coin, which was launched in mid-January, just before Trump assumed office, quickly escalated in value, securing its position as the 41st-largest digital asset by market cap.

In a communication to the DOJ and the Office of Government Ethics, officials from Public Citizen proposed that the meme coin might be in violation …

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