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Market Impact: 0.3

Trump Memecoin Dinner Returns as Democrats Threaten Scrutiny

Source: Bloomberg

Crypto & Digital AssetsElections & Domestic PoliticsRegulation & LegislationLegal & Litigation

The promoter of Donald Trump’s memecoin is offering top token holders another opportunity to attend an event with the president. The marketing push comes as Democratic lawmakers threaten renewed scrutiny of Trump’s crypto-related business dealings, increasing regulatory and political risk for the token and associated ventures.

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