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The Governor of California plans to launch the "Trump Corruption Coin" to criticize Trump's controversial actions in the encryption field.
BlockBeats news, on August 31, according to Cointelegraph, California Governor Gavin Newsom recently revealed plans to launch a cryptocurrency called "Trump Corruption Coin" to directly respond to Donald Trump's controversial actions in the crypto space (especially regarding Meme coins). Gavin Newsom stated on the "Pivot" podcast that this Meme coin named after Trump's alleged scandal is part of his broader "Campaign for Democracy" initiative, with funds raised to be used for redistricting and voter outreach efforts. Gavin Newsom said in the interview, "We are about to launch a meme coin. Trump, let's see whose coin is more popular." When asked if it would be called "Gavin Coin," he replied, "No, it's called Trump Corruption Coin." He added, "We just want to raise awareness and highlight the absurdity of this situation." Gavin Newsom referred to Trump as "one of the greatest liars of our time" and stated, "This is all just not normal."