Senator Warren Calls Trump’s Memecoin an ‘Illegal Scam,’ Urges SEC Investigation

The post Senator Warren Calls Trump’s Memecoin an ‘Illegal Scam,’ Urges SEC Investigation appeared first on Coinpedia Fintech News

President Donald Trump’s official TRUMP memecoin is under pressure after two senior Democratic senators asked the U.S. Securities and Exchange Commission (SEC) to investigate whether the token harmed investors.  The lawmakers claim nearly one million wallets lost billions of dollars as the token crashed, raising new questions about insider profits and investor protection. Warren Wants …