Donald Trump's involvement in TRUMP coin cryptocurrency and dinner with investors

SOURCE www.wired.com
Donald Trump's involvement in a dinner with investors of his cryptocurrency, TRUMP coin, raises concerns about potential bribery and corruption. The coin's value surged after the announcement, leading to questions about violating emoluments clauses. Despite regulatory implications, legal experts warn of potential consequences for Trump's actions.

Key Points

  • TRUMP coin transformed into a utility coin through dinner maneuver
  • Concerns raised about violating emoluments clauses and potential legal implications
  • Market speculation and trading frenzy following the announcement

Cons

  • Potential violation of emoluments clauses
  • Risk of bribery and corruption implications
  • Negative optics and impeachment calls