During an interview on CNBC, Dan Nathan criticized Trump’s cryptocurrency efforts as a potential Ponzi scheme. He stressed concerns about financial ethics and the risk of foreign influence due to Trump’s connections in the cryptocurrency space.
Trump’s launches of memecoins, including $MELANIA and $TRUMP, have raised questions about conflicts of interest. Senators Elizabeth Warren and Adam Schiff have urged for an investigation into the recent memecoin dinner event, expressing that access to the presidency shouldn’t be for sale.
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