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US Politics

US Politics

Trump meme coin draws demand for investigation - Washington Examiner

Washington Examiner
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Public Citizen asked the Department of Justice and the Office of Government Ethics to look into Trump 's repost on X in January of a cryptocurrency coin that he launched and owns.

Federal law prohibits the president from soliciting gifts, Public Citizen said.

Meme coins have no intrinsic value and fluctuate their value based on speculation in the market.

An affiliate of the Trump Organization owns 80% of the coins.