On Tuesday, Democratic Senator from Connecticut, #BTCPrediction , announced that he introduced the "Modern Subsidies and Medical Negligence Act," or "MEME Act," which targets federal employees who issue meme coins.

Meme coins are a form of cryptocurrency that have a satirical or humorous appeal due to their association with internet memes. President Donald Trump launched his own coin just before taking office, and he is now offering holders a chance to meet him at an event in Washington, D.C.

Senator Murphy said in a video posted on X that these coins sometimes allow government officials to receive payments secretly from those who deal with the federal government.

The senator said, "Trump's meme coin is the most unethical and corrupt thing ever done by a President of the United States." "It's an opportunity for Republicans and Democrats to come together and say