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Trump’s crypto ventures raise conflict of interest, insider trading questions

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 59 Views

Legal experts say Trump’s crypto ventures push legal and ethical boundaries around potential conflicts of interests and insider trading.

Can existing laws and guidelines around crypto, insider trading and conflicts of interest keep up when the most powerful person in the world is dropping memecoins and promoting DeFi projects?

President Donald Trumps memecoin launches before his Jan. 20 inauguration and his ties to crypto firm World Liberty Financial are so outside of the bounds of normal presidential behavior as to be completely unprecedented.

Since taking office on Jan. 20, Trump has signed a flurry of executive orders, reshaping global policy within days. Some have direct implications for crypto, including his decision to set up a crypto working group to examine a strategic digital assets reserve and his pardon of Silk Road founder Ross Ulbricht.

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