Donald Trump’s foray into the world of cryptocurrencies has sparked controversy with the launch of his own meme coin, dubbed $TRUMP. This initiative, generating significant profits of over $2.37 billion, raises important ethical and regulatory questions regarding market control and potential conflicts of interest. 💰 🚨 ⚖️ The decentralized nature of crypto markets clashes with Trump’s active involvement in the project, highlighting a potential shift from previous NFT ventures, prompting concerns about centralized control over token supply. 🤔 📈 While attracting both financial gains and scrutiny, experts warn that the SEC and CFTC remain uncertain about classifying meme coins as securities or commodities, leading to regulatory uncertainty for the industry.