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'Ran away with his money!' Lawmaker decries Trump crypto 'rug pull' scam at House hearing

Summary by Raw Story
Rep. Maxine Waters (D-CA) exposed a so-called "rug pull" scam that was used to dupe thousands of people who bought President Donald Trump's crypto coin.During Tuesday's House Financial Services Committee hearing, Waters noted that her "stablecoin" legislation differed from Trump's unregulated crypto...

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Raw Story broke the news in United States on Tuesday, March 11, 2025.
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