CandleFocus Public Citizen calls for DOJ probe into Trump's memecoin promotion
2025-02-08
Author: Content Editor
The government think tank, Public Citizen, has filed a complaint urging the Department of Justice (DOJ) and the US Office of Government Ethics (OGE) to investigate whether former President Donald Trump violated federal laws by promoting the Official Trump Memecoin (TRUMP). The complaint argues that Trump's marketing of the meme may constitute unlawful gift solicitation. Public Citizen claims that the meemcoin does not offer a tangible product or investment opportunity, likening it to a personal donation rather than a traditional purchase. They also raised concerns about potential violations of the Constitution's Emoluments Clause if foreign entities purchase the meme. The DOJ and OGE have not responded to the complaint, and Trump's campaign has not issued a statement.
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