“We believe that the addition of the Official Trump tokens are an excellent way to diversify our crypto treasury, and also an effective way to advocate for fair, balanced, and free trade between Mexico and the US,” Javier Selgas, the company’s CEO, said in a press release on April 30.

While such a strategy could help a company such as Freight, influencing presidential decisions by buying a memecoin could bring up the question of conflict of interest. Just recently, Trump said he will hold a private dinner with top token holders, drawing outcry from Democratic lawmakers, who cited the president’s involvement with the token as potential grounds for impeachment.

On April 25, Sen. Jon Ossoff (D-Ga.) pointed to the crypto project offering its top holders an invitation to a dinner event with President Trump, calling it a clear case of selling access to the presidency.

  • LupusBlackfur@lemmy.world
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    23 hours ago

    influencing presidential decisions by buying a memecoin could bring up the question of conflict of interest

    No. It doesn’t.

    What it does is display blatant and obvious Bribery of the US President in all it’s in-our-face glory.

    And both parties here will get away with it entirely.

    🙄 🤡 🖕 🖕