#TrumpCrypto Coin Pumps 7% After WLFI Investment But Not Without Controversy
Eric Trump's World Liberty Financial (WLFI) has made a major investment in the TRUMP meme coin, sending its price up 7% in the last 24 hours.
The Rally:
Bullish momentum follows WLFI's backing, but the market response is mixed.
The Fallout:
The move has sparked ethical concerns and drawn FTX-Alameda comparisons, with whispers of insider trading and market manipulation.
Regulatory Fog:
SEC: Classifies TRUMP coin as a non-security
CFTC: Says it's a commodity
Investors are left navigating murky waters.
#MemeCoin meet politics and regulators are watching closely.
