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US Congressman: Worried about Foreign Individuals and Governments Using TRUMP or MELANIA to Influence President Trump and His Family

2025-01-24 05:56

Odaily Planet Daily News: Two senior Democratic congressmen from Massachusetts, Elizabeth Warren and Congressman Jacob Auchincloss, have warned that in addition to financial risks, the Meme coin issued by the Trump couple also has national security concerns, namely that the global and largely anonymous cryptocurrency market may allow foreign actors to purchase large amounts of TRUMP or MELANIA tokens to influence the US government. Moreover, the issuance of Meme coins by the Trump couple may violate the constitutional compensation clause, which prohibits government officials from accepting payments or gifts from foreign entities without congressional approval. Elizabeth Warren and Jacob Auchincloss wrote in a letter, 'Almost anyone in the world can purchase these tokens, which raises concerns about foreign individuals and governments using them to influence President Trump and his family.' (CNBC)

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