Rep. Maxine Waters Criticizes Trump’s Memecoin
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Rep. Maxine Waters has publicly criticized the Trump memecoin, labeling it as 'the worst of crypto.' She expressed concerns over potential market manipulation and the involvement of Trump’s associates in the project. Waters also highlighted the lack of transparency regarding the buyers of the token, noting that it could be used to evade U.S. laws on national security and anti-corruption. This development could lead to increased regulatory scrutiny on the cryptocurrency industry.
