According to Odaily Planet Daily, California Governor Gavin Newsom recently announced plans to launch a meme coin called "Trump Corruption Coin" in response to President Trump's controversial behavior in the crypto space. Newsom stated that the coin will be part of his "Democracy Movement" initiative, raising funds for redistricting and voter outreach. In an interview, he emphasized that this move is intended to highlight the absurdity of the relevant behavior and bluntly called Trump "one of the greatest con men of our time." (Cointelegraph)