Public Citizen Files Complaint Over Trump’s Meme Coin, Cites Foreign Payment Risks – BitRss

U.S. nonprofit Public Citizen is calling for a federal investigation into whether President Donald Trump violated laws barring gift solicitation by allegedly promoting a Solana-based meme token, citing concerns over untraceable foreign payments.

The government, corporate, and consumer watchdog lodged its formal complaint with the Department of Justice and Office of Government Ethics on Wednesday, citing Trump’s social media posts, which it says were used to promote his Official Trump (TRUMP ($18.82)) token after taking office in January.

The DOJ, OGE, and Public Citizen did not immediately respond to requests for comment. Attempts to reach the President through the White House Press Office went unanswered.

Trump appears to be “soliciting money in exchange for nothing—that is, asking for a gift that will benefit him personally,” Public Citizen’s Bartlett Naylor and Craig Holman wrote in their complaint.

The complaint cites several legal concerns surrounding Trump’s promotion of the meme coins, inv…