A progressive watchdog group is calling for an investigation into whether President Donald Trump’s promotion of a meme coin violated federal law. In a complaint filed on Wednesday, Public Citizen asked the Department of Justice and the Office of Government Ethics to look into Trump’s repost on X in January of a cryptocurrency coin that

Meme coins have transformed the crypto world, evolving from internet jokes into full-fledged investment opportunities with staggering returns. From viral sensations like Floki Inu and Shiba Inu to unexpected newcomers such as Peanut the Squirrel and Pudgy Penguins,

Public Citizen, a consumer advocacy organization, has called for a federal investigation into whether U.S. President Donald Trump had violated laws around gift solicitation by promoting a meme coin.

Public Citizen urged federal agencies to recommend stopping of the sale of the meme coin $Trump. Public Citizen, a consumer advocacy organization, has called for a federal investigation into whether U.