Reported about 7 hours ago
President Donald Trump's meme coin, $Trump, has generated close to $100 million in trading fees in just two weeks, according to blockchain analysts, while many small traders have incurred losses. Launched on January 17, the coin briefly peaked at $14.5 billion in market value before declining significantly. Despite the financial windfall for some investors and entities behind the coin, including Trump's CIC Digital, concerns have arisen over the ethical implications of his involvement in cryptocurrency regulation and ownership transparency.
Source: YAHOO