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The US Non-Profit Organization Files Complaint About Trump Meme Coin, Demands End of Sale and Fund Refund

BlockBeats News, February 6th, according to Decrypt, the U.S. nonprofit watchdog organization Public Citizen has filed a formal complaint with the Department of Justice and the Office of Government Ethics, requesting a federal investigation into former President Trump's alleged promotion of the Solana ecosystem's TRUMP token.

The complaint points out that 80% of the token is held by a Trump organization-affiliated company, CIC Digital LLC, which may have violated laws prohibiting solicitation of gifts and poses risks of untraceable foreign payments. In the past week, possibly due to the impact of the trade war, the price of the TRUMP token has dropped by 32%.

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