California Bans Officials’ Memecoins After TRUMP Buyers Lost $3.8B

10 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$3.8B

TRUMP buyer losses

$TRUMP

$1.97

-7.7%

California’s new memecoin law targets conflicts of interest after President Donald Trump’s token generated substantial proceeds for him while many buyers lost money. Governor Gavin Newsom also signed a separate measure addressing crypto…