Several non-profit organizations in the United States criticize Trump for issuing meme coins

Regarding Trump's issuance of the Meme coin TRUMP, Danielle Brian, the executive director of the non-partisan Project on Government Oversight, stated that Meme coins are usually unrelated to any underlying business and therefore have a high speculative nature for investors. For founders, it could potentially bring substantial profits. "Any measures taken by the Trump Group to show their concern about potential conflicts (especially those involving foreign governments) seem to completely undermine their efforts." Other groups expressing concerns include the non-profit Campaign Legal Center and Citizens for Responsibility and Ethics in Washington, which sued him during his first term for violating constitutional prohibitions against foreign gifts and compensations but were unsuccessful. Kedric Payne, general counsel at Campaign Legal Center said: "The obvious distinction with cryptocurrency is how quickly you can make unexpected wealth."