## Senator Slams Trump's Meme Coin as Corruption U.S. Senator Chris Murphy has strongly criticized Donald Trump's involvement with the meme coin TRUMP, labeling it a blatant act of corruption. This criticism comes as Trump prepares to host a "Trump Dinner" exclusively for holders of the cryptocurrency. The Senator's statement highlights growing concerns about the intersection of politics and cryptocurrency, particularly when it involves financial incentives for public figures. Concerns are growing about possible legal and ethical ramifications if elected. ## Impact on Cryptocurrency Regulation This incident could increase the pressure on regulators to address the legal gray area around celebrity-backed digital assets. The SEC may also re-evaluate how meme coins are classified. ```

#SEC