United States Senator Jon Ossooff expressed support for US President Donald Trump’s impeaching during the April 25 Town Hall, citing the president’s plan to hold a private dinner for the leading memecoin holder.
“I mean, I only saw 48 hours ago, he gives audiences to people who bought his meme coin,” said Ossoff, a Democrat, According to In an NBC News report.
“When the sitting president of the United States sells access for what effective payment directly to him. There is no question rising at the level of an inevitable offense.”
Senator Ossooff said “strong” supporting impeachment proceedings to a town town in the state of Georgia, where he was running for reelection in the US House of Representative.
The senator added that an impeachment was not likely unless the democratic party was gaining control of the Chamber during the US Midterm election in 2026. Trump’s own Republican Party is currently a majority in the House and Senate.
Related: US lawmaker said Trump’s coin could risk the national security
Conflicts of interest
On April 23, the official Trump (Trump) Memecoin’s website announced plans for Trump Host an exclusive dinner In his Washington, the DC Golf Club with the top 220 holder of Trump.
The website subsequently posted a leaderboard monitoring of the top Trump purses and a link to register for the event. Trump’s token price gained more than 50% from the announcement, according to data from CoinMarketCap.
The The specific guestlist list is not clear But the Memecoin website states that applicants must pass a background check, “It may not be from a (know your customer) guardian list,” and cannot bring any additional guests.
On April 25, the team behind Trump denied gossip on social media that Trump holders needed at least $ 300,000 to participate in an upcoming dinner with the President.
“People improperly quoted #220 on Block Explorer as Cutoff. That’s wrong because it includes things like locked tokens, exchanges, market manufacturers, and non -participating. Instead, you should just leave the leaderboard,” they wrote.
Legal experts Cointelegraph said that Trump’s cryptocurrency adventures, including Trump Memecoin and Trump-joined Decentralized Finance (DEFI) Protocol World Liberty Financial, raised significant concerns about the Potential conflicts of interest.
“In just a few days when he is taking office, he signed a number of executive orders that will significantly affect the way our crypto and digital assets work,” Charlyn Ho of law firm Rikka told cointelegraph in February.
“So if he has a personal benefit of the odd one out of his own rules, that’s a conflict of interest.”
Magazine: Crypto adventures of Trump’s crypto raises conflict of interest, insider trading questions
