CandleFocus Congresswoman Calls Trump Memecoin Project 'Worst Crypto'
2025-01-20
Author: Content Editor
Maxine Waters, the ranking Democrat on the House Financial Services Committee, has criticized President Donald Trump for his memecoin 'TRUMP' that has gained popularity on the internet. Waters referred to the project as the 'worst of crypto' and highlighted its speculative nature and lack of real value. She also expressed concerns about the lack of investor protections and potential national security risks associated with the coin. Waters warned that the project could allow foreign adversaries to secretly transfer money into Trump's circle, potentially influencing US policy. She called for caution in the crypto industry and urged Congress to be vigilant.
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