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BTCC / BTCC Square / Global Cryptocurrency /
Was Trump’s Meme Coin Launch Illegal? Lawyer Breaks It Down

Was Trump’s Meme Coin Launch Illegal? Lawyer Breaks It Down

Author:
Global Cryptocurrency
Published:
2025-01-23 14:30:02
9
2
Donald Trump’s recent foray into the world of cryptocurrency with the launch of his meme coin, TRUMP, has raised questions about its legality, sparking widespread debate. A comprehensive analysis by Anonwassielawyer (@wassielawyer), a prominent crypto and finance attorney, has shed light on the issue, explaining why Trump’s launch, while unconventional, adheres to existing US securities laws. Memecoins, which lack inherent utility or revenue-sharing mechanisms, are not classified as securities under US law, allowing such launches to proceed without violating securities regulations.

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