Breaking
April 18, 2025

Crypto News | Public Citizen calls for DOJ probe into Trump’s memecoin promotion Assad Jafri | usagoldmines.com

A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts.

The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month.

Ethics concerns

The group’s letter, addressed to John Keller, chief of the DOJ’s Public Integrity Section, and David Huitema, director of the Office of Government Ethics, argues that Trump’s marketing of the meme may constitute unlawful gift solicitation under 18 U.S.C. § 201 and 5 C.F.R. § 2635.

“Federal law strictly regulates payments to government officials, including gifts. Although the president may receive gifts, he may not solicit them.”

Public Citizen claimed that Trump’s promotion of TRUMP following its launch in January constitutes an unlawful solicitation of gifts because it provides no tangible product or investment opportunity in return for the payments received.

According to the website, the meme is largely owned by CIC Digital LLC, an affiliate of The Trump Organization, which is fully controlled by the Donald J. Trump Revocable Trust.

The site describes the meme as a celebration of Trump’s resilience following an assassination attempt on July 13, 2024, and characterizes the asset as “a piece of history” rather than an investment.

However, Public Citizen contends that the memecoin does not constitute a product or service but rather a direct financial benefit to Trump, comparing it to a personal donation rather than a traditional purchase.

According to the complaint:

“A person sending money for a Trump Meme is not purchasing a tangible product. Instead, the person receives only a digital receipt, which is similar to a donor sending a check and receiving digital confirmation.”

Foreign influence

The think tank further raised concerns that foreign entities could be among those purchasing the meme, potentially violating the Constitution’s Emoluments Clause, which prohibits federal officials from accepting gifts or payments from foreign governments without congressional approval.

Public Citizen argued that if such solicitations are allowed to proceed unchecked, they could create a precedent for politicians to solicit funds in ways that circumvent federal ethics laws and campaign finance regulations.

Some crypto analysts and former Trump allies have criticized the initiative. Former White House communications director Anthony Scaramucci likened it to “Idi Amin-level corruption,” while a Washington Post columnist dismissed it as a “sh—coin.”

Public Citizen urged the DOJ and OGE to determine whether Trump’s actions violate federal law and, if so, to recommend appropriate remedies, including halting meme sales and returning funds to buyers.

The DOJ and OGE have not publicly responded to the complaint. Trump’s campaign has also not issued a statement regarding the allegations.

The post Public Citizen calls for DOJ probe into Trump’s memecoin promotion appeared first on CryptoSlate.

 A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month.
The post Public Citizen calls for DOJ probe into Trump’s memecoin promotion appeared first on CryptoSlate. Crypto, Featured, Legal, Memecoins, Politics 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Pi Network News Today: April 18th Dimitar Dzhondzhorov | usagoldmines.com

Rugpulls are fewer but more impactful, Mantra Network leads $6B lost funds in 2025 Hannah Collymore ...

White House says Trump is determined to fire Fed’s Powell no matter the cost Jai Hamid | usagoldmine...

Onshore stocks fall in China amid escalating trade tensions with US Enacy Mapakame | usagoldmines.co...

XRP Price Prediction: XRP Bounces From Strong Support.  Next Stop $3 Alongside This Emerging Token? ...

Binance Coin (BNB) Saw 3.28% Surge But Ruvi AI’s (RUVI) $1 Valuation Could Skyrocket Your Portfolio ...

HashKey launches Asia’s first XRP tracker fund with Ripple backing Jai Hamid | usagoldmines.com

Key Indicator Turns Bullish for Ripple’s XRP as the Weekend Kicks Off Olivia Brooke | usagoldmines.c...

Can Quantum Computing Really Kill Bitcoin? $85K Bounty Says It’s Time to Find Out Arslan Butt | usag...

Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? Hassan Shittu | usa...

Crypto News | Galaxy Research Proposes Overhaul to Solana’s Inflation Voting System Chayanika Deka ...

Crypto News | Former SEC lawyer warns ending SEC crypto action could trigger bank contagion Liam 'Ak...

Crypto News | BlackRock’s BUIDL drives 92% surge in tokenized US treasury market Oluwapelumi Adejumo...

Crypto News | kiloEx recovers $7.5M after promising attacker 10% bounty Oluwapelumi Adejumo | usagol...

Kyrgyzstan Says Yes to Central Bank Digital Currency — Starts Testing “Digital Som” Mustafa Mulla | ...

Bitwise Brings Bitcoin & Ethereum ETPs on LSE Victor | usagoldmines.com

KiloEX exploiter returned $6.9M after white hat bounty offer Hristina Vasileva | usagoldmines.com

Central Bank of Turkey raises key interest rate to 46%, reversing easing cycle amid tariff worries L...

Houthis used $900 million in crypto to bypass US sanctions, says TRM Labs Cryptopolitan News | usago...

Trump thinks tariffs will revive US manufacturing but economists disagree Randa Moses | usagoldmines...

XRP Coils Below $2.20 Amid ETF Speculation; Meanwhile Investors Accumulate Yeti Ouro Before Price In...

Why Whale Investors Favor Ripple (XRP) and Mutuum Finance (MUTM) Over Solana (SOL) in 2025 Cryptopol...

Binance research: Record US Treasury supply will affect crypto markets in 2025 Hristina Vasileva | u...

Financial Pundit Says India Should Follow US And Hold Bitcoin, SOL, And XRP In Strategic Reserve Bre...

Industry Expert Predicts Bitcoin’s Non-Stop Rocket Surge To $1 Million If the U.S. Purchases One Mil...

Ethereum Price Stalls In Tight Range – Big Price Move Incoming? Sebastian Villafuerte | usagoldmines...

Eliza Labs Reveals a No-Code AI Agent Platform auto.fun Sead Fadilpašić | usagoldmines.com

KiloEx Hacker Returns Entire $7.5M Four Days After Exploit Hassan Shittu | usagoldmines.com

Is XRP About to Break Out? MACD Flip Sparks Fresh Bullish Speculation Arslan Butt | usagoldmines.com

Visa Dethroned: Stablecoins Settle $27.6 Trillion — Ethereum’s Big Win? Hassan Shittu | usagoldmines...

European Blockchain Sandbox Selects Web3 Companies for Third Cohort, Including Privado ID Sead Fadil...

Is Dogecoin About to Explode? Analysts Say a 3-Month Bull Run May Be Starting Alejandro Arrieche | u...

XRP To $50? Technical Analyst Lays Out The Roadmap Christian Encila | usagoldmines.com

Crypto News | Crypto Price Analysis April-18: ETH, XRP, ADA, SOL, and HYPE Duo Nine | usagoldmines....

Crypto News | Hype Over? FARTCOIN Exits Crypto’s Top 100 Club After a 17% Daily Decline Dimitar Dzh...

Crypto News | Moonacy Protocol will sponsor and participate in Blockchain Life 2025 in Dubai Chainw...

Crypto News | BioMatrix Launches iPoY: Pioneering Identity-Driven GameFi in the AI-Powered Web3 Era...

Crypto News | Blocksquare, Vera Capital Partner to Tokenize $1B in US Real Estate Wayne Jones | usa...

Crypto News | Bitcoin holds steady during Good Friday market closure, macro forces shape global risk...

Arbitrum Launches Converge: A New Era for DeFi and RWAs Victor | usagoldmines.com

Bleap and Mastercard Team Up on Stablecoin Payments Tari | usagoldmines.com

XRP Breakout Still Likely This April, Analyst Says $12+ In Play Jake Simmons | usagoldmines.com

ANAP Buys $70 Million in Bitcoin for Treasury Victor | usagoldmines.com

Trump wants a stronger yen in trade negotiations with Japan, and that’s dangerous for both sides Jai...

Galaxy Research unveils proposal to curb Solana inflation through a new voting system Collins J. Oko...

Rugpull Losses Soar 6,500% in 2025 as Crypto Scams Turn Deadlier, Nearly $6B Lost – DappRadar Hassan...

Pump.fun co-founder shuts down token launch expectations in Base content coin response Hannah Collym...

Binance leads CEX market in Q1 with $8.39 trillion in trading volume: report Vignesh Karunanidhi | u...

Ethereum Price Predicted To Rally To $2,600 In Coming Weeks Leading To This ETH Token Skyrocketing C...

Japan’s inflation hits 3.6% YoY in March to exceed the BOJ’s estimates for three straight years Coll...

Elon Musk’s Grok 3 and DeepSeek AI Approve: This Solana (SOL) Competitor Will Skyrocket 12590% Crypt...

Manta founder nearly falls victim to Lazarus led deepfake Zoom scam Ashish Kumar | usagoldmines.com

Bitcoin In Peril? Expert Warns Of China’s Alleged Scheme To Crash BTC To $40,000 Ronaldo Marquez | u...

Crypto News | What Lies Ahead for Pi Network’s Price? Exploring the Bullish and Bearish Cases Dimit...

Crypto News | Asia’s First XRP Tracker Fund Launched by Ripple and HashKey Capital Wayne Jones | us...

Crypto News | BYDFi Officially Launches On-Chain Trading Tool MoonX, Ushering in the Era of CEX + D...

XRP News Today: Ripple Acquires Hidden Road for $1.25B in Major Expansion Move Qadir AK | usagoldmin...

XRP ETF News: HashKey Launches Asia’s First XRP Fund with Ripple’s Backing Mustafa Mulla | usagoldmi...

Pailot Files for Pi Network Mainnet Listing, Eyes Web3 Logistics Breakthrough Vignesh S G | usagoldm...

PiDaoSwap Launch: First DEX on Pi Network’s Mainnet, Here’s What It Offers! Vignesh S G | usagoldmin...

Aave Surpasses $480M on Sonic Labs with 12x Rewards Victor | usagoldmines.com

Dogecoin Price Eyes Next Critical Level At $0.18, Is A Break Above $0.25 Possible? Scott Matherson |...

HashKey Capital breaks ground with Asia’s first XRP Tracker Fund Oluwapelumi Adejumo | usagoldmines....

Crypto News | Solana defies activity drop, dominating 70% of blockchain revenue Oluwapelumi Adejumo ...

Jerome Powell May Be Fired by Trump! Elizabeth Warren Predicts Market Crash Elena R | usagoldmines.c...

China Secretly Selling Bitcoin? Analyst Warns Bitcoin Price Crash to $40K Vignesh S G | usagoldmines...

R2 Testnet Launches Yield-Powered Stablecoin Backed by RWAs Victor | usagoldmines.com

Project Eleven Challenges Quantum Devs to Break ECC for 1 BTC Victor | usagoldmines.com

You Missed Shiba Inu (SHIB) at $0.00001, Don’t Miss MUTM at $0.025 With Utility Actually in Progress...

Solana apps capture 46% of all chain revenues in March Hristina Vasileva | usagoldmines.com

US DOJ considers fairer repayment standards for crypto fraud victims Cryptopolitan News | usagoldmin...

Dogecoin Price Prediction, Fartcoin To Flip Shiba Inu, Another Chance To Buy XRP Below $0.10 Cryptop...

Bitcoin Holds $84.6K — Trump & Kraken Steal the Show Arslan Butt | usagoldmines.com

Crypto News | 3 Reasons a Shiba Inu (SHIB) Rally May Be Closer Than You Think Dimitar Dzhondzhorov ...

Crypto News | sUSD Drops Below $0.7 as Synthetix Stablecoin Faces Prolonged Depeg Wayne Jones | usa...

Crypto News | US DOJ reviews crypto compensation rules amid valuation concerns Oluwapelumi Adejumo |...

VanEck’s $NODE ETF Targets Digital Economy Growth Victor | usagoldmines.com

On-Chain Experiment Or Rug Pull? Base Faces Backlash After Unofficial Memecoin Crashes 90% Rubmar Ga...

Crypto News | How Will $2.2B Crypto Options Expiry Impact Markets? Martin Young | usagoldmines.com

Crypto News | Discover the Ultimate Real-World Asset with Bob Ejodame, VP Capital Markets at INX (P...

Supreme Court Rejects User Petition Against WazirX Camille Lemmens | usagoldmines.com

Best Cryptos to Buy Now? Analysts Rank SOL, LINK, and MUTM for 2025 ROI Potential Cryptopolitan Medi...

Entertainment Mogul David Geffen Countersues Justin Sun Over Disputed Multimillion-Dollar Sculpture ...

Manta Network Co-Founder Targeted in Sophisticated Zoom Phishing Attack Using Deepfake Videos Ruhola...

This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals Keshav Verma | usagoldmines.com

Pi Network Price Prediction: Will it Break $1 or Crash After 108M Token Unlock? Sohrab Khawas | usag...

Kraken slashes workforce in ongoing layoffs as exchange preps for U.S. IPO Nellius Irene | usagoldmi...

Yemenis Turn to DeFi as Sanctions Cut Off Traditional Banking: Report Ruholamin Haqshanas | usagoldm...

Crypto News | Hyperliquid Bridge: How to Bridge USDC to Hyperliquid George Georgiev | usagoldmines....

Crypto News | Trump Threatens to Fire Fed Chair as Crypto Traders Wait for FOMO Martin Young | usag...

XRP Ripple News Today: XRP ETF Buzz Builds, but Derivatives Data Suggests Traders Still Fear a Dip D...

Trump Media Demands SEC Probe into Alleged DJT Stock Manipulation  Elena R | usagoldmines.com

Pi Network News: Pi Coin Price To Drop By 50% – Two Possible Reasons Behind It Mustafa Mulla | usago...

BoA steps up stablecoin issuance plans in serious competition with Tether, Circle Hannah Collymore |...

Russia considers issuing Tether-like stablecoin in wake of $30 million USDT freeze Lubomir Tassev | ...

Non-KYC Exchange eXch to Close After Scrutiny Over Alleged Lazarus Group Links Shalini Nagarajan | u...

Is This the Final Shakeout Before Bitcoin’s Next Big Move? Analysts Break It Down Samuel Edyme | usa...

Slovenia Proposes 25% Tax on Crypto Profits – Lawmaker Warns of Crypto Slowdown Mustafa Mulla | usag...

Ethereum Layer 2 Arbitrum launches ‘converge’ blockchain to power $7B Real-World Asset push in DeFi ...

Slovenia considers 25% tax on crypto profits Hannah Collymore | usagoldmines.com

Leave a Reply