Trump’s meme coin has some conservatives complaining over ‘most blatant ponzi scheme in history’

When Donald Trump announced – three days before assuming the presidency of the United States, and followed shortly by Melania Trump – that he was launching a self-named “meme coin” cryptocurrency, many in the crypto industry were quick to express frustration. Ethics experts were also alarmed.

Among Trump’s base, however, a similar backlash – smaller, more muted, but similarly anguished – has been taking hold.