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Trump Faces Scrutiny Over Memecoin Event, Presidential Seal | JQJO

Trump Faces Scrutiny Over Memecoin Event, Presidential Seal

Trump Faces Scrutiny Over Memecoin Event, Presidential Seal

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Former President Trump faces potential legal trouble for using the presidential seal at a private event promoting his $TRUMP memecoin. The event, held at his Virginia golf club, featured 220 investors, some potentially foreign nationals. House members have requested a Justice Department inquiry into potential violations of bribery statutes and the emoluments clause. The White House claims the event was personal, not official. Trump's use of the seal at private properties has been previously reported. The $TRUMP memecoin, initially valued at $74.34, has since declined.

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