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Trump’s Quest for Crypto Riches Is a Constitutional Scandal Waiting to Happen
The largest investors in Donald Trump’s crypto coin have been promised a private audience with the president. The arrangement could put Trump at odds with the Constitution and add fuel to calls for his impeachment, experts say.
Though critics have argued from the beginning that TRUMP could create a pathway for bribery—by investing large sums into the coin, driving up its price, politically motivated actors could theoretically curry favor with the president—the dinner brings the risk of violating emoluments restrictions into stark relief. Whether Trump would face any consequences for theoretically violating foreign emoluments laws depends on the strength of his grip on Congress, the political class tasked with upholding the Constitution, including through impeachment. “He is granting audiences to people who buy the memecoin that directly enriches him,” said Democrat senator Jon Ossoff in a town hall meeting on April 25.
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