Odaily News Two senior Democratic congressmen from Massachusetts, Elizabeth Warren and Representative Jacob Auchincloss, warned that in addition to the financial risks of the Meme coin issued by the Trumps, there are also national security concerns, namely that the global and largely anonymous cryptocurrency market may allow foreign actors to purchase large quantities of TRUMP or MELANIA tokens to influence the US government.
Not only that, the Trumps' issuance of Meme coins could violate the Constitution's emoluments clause, which prohibits government officials from accepting payments or gifts from foreign entities without congressional approval. Elizabeth Warren and Jacob Auchincloss wrote in a letter, "Almost anyone in the world can purchase these tokens, raising concerns that foreign individuals and governments could use them to influence President Trump and his family." (CNBC)