Recently, the connection between US President TRUMP and the $TRUMP dollar has drawn widespread attention. TRUMP himself responded to this, explicitly denying that he had gained any benefits from his position as president and stating that he had not checked his holdings of $TRUMP coins.
It is reported that the personal cryptocurrency $TRUMP coin launched by Trump has been highly controversial since its release. The companies under TRUMP’s name, CIC Digital and Fight Fight Fight, hold 80% of the $TRUMP coins. Some critics believe that this situation makes Trump suspected of using his presidency to seek economic benefits for himself.
However, in his related speech, TRUMP emphasized that he had limited knowledge of the specific situation of the $TRUMP coin, was not sure whether it was profitable, and had never paid attention to his holdings in this currency. He insisted that his actions did not violate any moral or legal provisions, and that the launch of the $TRUMP coin was merely a commercial act and had nothing to do with the position of president.
Regarding this statement of Trump, reactions from all walks of life vary. Some supporters of Trump believe that he has the right to conduct legal business activities and should not be unjustly blamed. However, there are also many people who are skeptical about this. They believe that as president, Trump’s business practices may have an impact on politics and the economy, and further investigation and supervision are needed.
At present, the market performance of the $TRUMP coin has also drawn the attention of financial regulatory authorities. With the continuous development of the cryptocurrency market, how to regulate related transactions and prevent potential risks has become an important issue. The relationship between TRUMP and the $TRUMP dollar will also continue to be the focus of public and media attention.
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