US-based Giant Institution's Exit from TRUMP! "Stop Sales, Return the Money to Investors!"

US President Donald Trump, who has shown a positive attitude towards Bitcoin and cryptocurrencies, has finally launched his own token.

Just a few days before officially taking office, Trump, who launched a memecoin named after himself Official Trump (TRUMP), is making headlines with this move and at the center of discussions.

Since the launch of TRUMP, it experienced a major pump, but this situation did not last long. TRUMP, which experienced a major crash shortly after, left investors in the wrong position.

While discussions about TRUMP continue, Public Citizen, a US-based non-profit think tank, has called for a federal investigation into Donald Trump’s introduction of the TRUMP token.

Public Citizen also called for an investigation into Trump’s social media posts promoting memecoins.

Public Citizen conveyed these requests in a letter to John Keller, Chief of the Public Integrity Section of the U.S. Department of Justice, and David Huitema, Director of the Office of Government Ethics.

Public Citizen alleged in the letter that Trump violated federal laws by continuing to post on Truth Social and encouraging his followers to buy memecoins.

At this point, the institution called on authorities to investigate whether Official Trump (TRUMP) memecoin and tokens purchased by foreign state actors.

“It seems that Trump is not asking for money in exchange for an investment or a tangible product […], but he is asking for money in exchange for nothing; in other words, he is asking for a gift that will personally benefit him.”

Public Citizen finally demanded the termination of the TRUMP sale and the refund of money to everyone who bought TRUMP.