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In my view, the memecoin launch only adds to Trump’s long list of already very serious conflicts of interest. The two memecoins are in addition to multiple NFT projects by both Donald and Melania Trump, the World Liberty Financial project from which Trump earns a substantial percentage of the revenue, and Trump’s disclosed ETH holdings. There are also ethical issues around influence buying and the emoluments clause, and the president’s crypto tokens, NFT projects, and publicly disclosed wallet addresses are yet more avenues that those hoping to curry favor with the president could use to funnel money in his direction, as with his hotels and other business ventures during his first term in office.

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In my view, the memecoin launch only adds to Trump’s long list of already very serious conflicts of interest. The two memecoins are in addition to multiple NFT projects by both Donald and Melania Trump, the World Liberty Financial project from which Trump earns a substantial percentage of the revenue, and Trump’s disclosed ETH holdings. There are also ethical issues around influence buying and the emoluments clause, and the president’s crypto tokens, NFT projects, and publicly disclosed wallet addresses are yet more avenues that those hoping to curry favor with the president could use to funnel money in his direction, as with his hotels and other business ventures during his first term in office.
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Molly White (molly0xfff@hachyderm.io)'s status on Saturday, 25-Jan-2025 02:12:44 JST Molly White
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In my view, the memecoin launch only adds to Trump’s long list of already very serious conflicts of interest and unethical activities.
#crypto #cryptocurrency #USpolitics #USpol

In conversation about 3 months ago from hachyderm.io permalink