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Trump memecoin attracts $300M bid from Chinese-linked firm with zero revenue

Summary by statestories.com
President Donald Trump’s official memecoin, $TRUMP, has drawn hundreds of millions in investments from foreign nationals, corporations, and politically motivated buyers, triggering a wave of scrutiny over ethical boundaries, regulatory oversight, and potential conflicts of interest in the White House. In recent weeks, the Trump family’s cryptocurrency venture has gained traction not just among individual […]
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statestories.com broke the news in on Monday, May 26, 2025.
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