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.
They’re not going to be devastated. No matter how much worse off they will become, they will think they are doing better because the mainstream media of Fox and OAN will tell them they are doing better than ever.
They were fighting for toilet paper under Trump.