Just hours before taking office, President-elect Donald Trump has reportedly struck it rich to the tune of tens of billions of dollars — thanks to the $TRUMP meme coin. According to Axios, Trump’s position in the coin was — as of Sunday morning — worth a whopping $58 billion. The outlet reports the new windfall,
Source: How Much Has Trump Made on Meme Coin? Trump Latest Net Worth
fta:
“It is literally cashing in on the presidency — creating a financial instrument so people can transfer money to the president’s family in connection with his office” Adav Noti — executive director of Campaign Legal Center, a nonprofit ethics group — told The New York Times on Saturday. “It is beyond unprecedented.”
