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Skybridge Capital founder: Trump's issuance of Meme coin is bad for the industry, stop deceiving yourself

2025-01-19 06:40

Odaily News Some industry insiders have doubts about Trump's launch of the Meme coin TRUMP, including:
Anthony Scaramucci, founder of Skybridge Capital, said: “Trump Meme Coin is bad for the industry. Don’t fool yourself. This is Idi Amin-level corruption.”
Meidas Touch co-founder Ben Meiselas said Trump could have focused on more urgent matters instead of launching Meme Coin.
Barstool Sports founder Dave Portnoy also joined the discussion, comparing Trump's issuance of Meme Coin to the Meme Coin HAWK "pump-and-dump" scheme allegedly carried out by internet celebrity Haliey Welch.