Trump's Meme Coin Moves and Their Impact on Crypto Investments
Eric Trump confirmed the family's full involvement with the TRUMP memecoin, which is linked to their broader crypto venture WLFi. The memecoin has been used to generate significant profits through unregulated, anonymous transactions, enabling foreign access and bypassing campaign laws. The family's crypto activities have become a lucrative, untraceable revenue stream, with high-profile investors and potential for political influence, raising concerns about ethics and regulation.