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Ossoff Sounds Alarm Over Trump’s Ties to Memecoins—Because Politics Wasn’t Volatile Enough

Ossoff Sounds Alarm Over Trump’s Ties to Memecoins—Because Politics Wasn’t Volatile Enough

Author:
CoinTurk
Published:
2025-04-28 19:41:49
10
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Senator Ossoff Raises Concerns About Trump’s Memecoin Connections

Senator Jon Ossoff fires a warning shot across the bow of Trump-linked meme tokens, questioning their legitimacy amid a circus of speculation. Because nothing says ’sound investment’ like mixing politics and dog-themed crypto.

Subheader: When Memes Meet MAGA

The Georgia Democrat isn’t buying the hype—or the sudden surge of Trump-adjacent tokens popping up like weeds in a bull market. Regulatory scrutiny looms as these assets flirt with the line between satire and securities fraud.

Subheader: Pump First, Ask Questions Later

Meanwhile, traders keep gambling on the next viral coin, proving Wall Street’s ’smart money’ has nothing on crypto’s talent for turning jokes into junk bonds overnight.

Bribery and Cryptocurrency

In the past 48 hours, Ossoff has made statements indicating that Trump is facilitating access to exclusive meetings for those who purchase the memecoin. The Democratic Senator stated that this practice implies direct payment acceptance by a sitting president, which could be deemed illegal. He believes this action could be viewed as a breach of duty.

Dinner with Crypto Whales

According to Senator Ossoff, Trump’s actions related to the memecoin not only provide voters with access but also suggest other legal violations. Ossoff pointed out that there are instances where Trump has ignored court rulings, indicating that such actions may warrant legal scrutiny. Additionally, Representative Al Green from Texas and Shri Thanedar from Michigan have similarly argued that the president should face legal consequences.

Ossoff emphasized that Trump appears to be using the memecoin for public promotion. He stated, “I saw it 48 hours ago; Trump is granting access to those who buy the memecoin. A sitting president receiving direct payments raises substantial questions about legal violations.”

It has been reported that Trump plans to invite top memecoin investors to a special gala dinner, scheduled for May. According to event details, invitees will gather at the president’s national golf club for this exclusive meeting.

Current data indicates that the price of Trump Coin is at $14.79. It was previously claimed that Justin Sun had purchased WLFI, another Trump-related token, to evade SEC sanctions.

As Trump’s strategy using the memecoin continues to provoke political and legal debates, voters and the public will closely monitor these developments.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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