$TRUMP

U.S. Senator Chris Murphy announced that he will introduce a bill called "The Meme Act" to prevent the president or any member of Congress from issuing or promoting any meme-based cryptocurrency, due to Trump's coin, which Murphy described as the biggest corruption scandal in White House history.

This news has opened a significant discussion about the role of politicians in the crypto world. When a politician or someone from their family promotes a cryptocurrency, they have a substantial influence on people, which can create serious conflicts of interest. This means they could exploit their position to raise the value of the coin and then sell it, profiting at the expense of those who believed them.

Moreover, this promotion can reach people as if it were a legitimate project โ€ฆ