
Bitcoin.com News|Feb 09, 2025 12:32
🇺🇸💼 Public Citizen urges the U.S. DOJ to investigate whether President Trump violated gift solicitation laws by promoting his memecoin. A complaint claims Trump may have breached 18 U.S.C. 201, which prohibits soliciting gifts.
Trump launched the memecoin 48 hours before his inauguration, with its value initially surging but later declining. Critics question the memecoin's tokenomics and Trump's substantial holdings. 💰
Public Citizen argues that Trump enriched himself, which could set a bad precedent for other politicians. They call for terminating the meme sale and refunding monies if deemed an "impermissible gift solicitation."
What are your thoughts on this controversy?
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