ChainCatcher news, Caixin published an article titled "TRUMP Coin Faces Speculation and Liquidation, Beware of Illegal Investment 'Wealth' Traps," which pointed out that reporters noticed tutorial posts on social media platforms attracting investors to purchase TRUMP Coin. Industry insiders remind to be cautious of the so-called "wealth" opportunities recommending the purchase of TRUMP Coin. Criminals are taking advantage of the popularity of TRUMP Coin, Bitcoin, and other virtual currencies, disguising themselves as financial management platforms to commit fraud. "When investors want to withdraw funds, the other party will set extremely high withdrawal thresholds, increasing the difficulty of withdrawal, and even refuse withdrawals for various reasons, ultimately achieving the goal of defrauding large sums of money."

ChainCatcher news, according to CoinDesk, cryptocurrency critic and Democratic Senator Elizabeth Warren criticized Trump’s meme coin TRUMP and urged the U.S. Office of Government Ethics and financial regulators to investigate the ethical and regulatory details of the TRUMP token.Warren, a senior Democrat on the Senate Banking Committee responsible for overseeing U.S. financial regulators, stated that these assets, including First Lady Melania Trump's own namesake meme coin MELANIA, pose a conflict of interest for the president and highlight the most destructive and unstable factors in the cryptocurrency space. TRUMP and MELANIA pose serious risks to President Trump's ability to govern the country fairly and also present significant risks to investors in these currencies, who may become victims of a carefully orchestrated scheme by the Trump family.

ChainCatcher news, newly appointed cryptocurrency special advisor David Sacks detailed the three main focuses of the digital asset working group during an interview with Fox Business News: establishing market structure and clarifying digital asset classifications, expanding the dominance of the dollar through stablecoins, and evaluating national digital asset reserve programs.Regarding concerns about potential conflicts of interest related to the TRUMP coin, Sacks stated that the token is similar to collectibles like baseball cards, and there are no worries. He emphasized opposition to CBDCs, supported the development of stablecoins, and pointed out that expanding the digital dominance of the dollar could create trillions of dollars in demand for U.S. Treasury bonds, helping to support debt and lower long-term interest rates. On the digital asset reserve program, Sacks mentioned that it is still in the evaluation stage and no final decision has been made yet.

ChainCatcher news, according to official sources, the cryptocurrency mining chip design company Nano Labs announced the purchase of 47 TRUMP tokens on the Solana blockchain, with an average transaction price of about $24, including transaction fees. This commemorative purchase is to celebrate Trump's election as the 47th President of the United States and reflects the company's gratitude for his supportive stance towards the cryptocurrency industry.

ChainCatcher message, according to the information on the TRUMP coin official website, includes a class action waiver clause in the purchase terms of TRUMP coin.The clause states: "To the extent permitted by law, investors participating in the purchase agree not to initiate, join, or participate in any class action against any insured party for any claims, disputes, or controversies. Investors agree to enter into injunctive relief to stop such lawsuits or to have you removed as a participant in the lawsuit. Investors agree to pay any attorney's fees and litigation costs incurred by any insured party in seeking such relief. This clause prevents investors from initiating, joining, or participating in class actions: (i) does not constitute a waiver of any rights or remedies of the investor to bring individual claims, nor does it constitute a waiver of class actions in the binding arbitration mentioned above; (ii) is an independent agreement. Investors may provide written notice of their decision to opt-out of these dispute resolution terms within thirty (30) days from the date of their first visit to the website."

ChainCatcher message, former Coinbase executive and crypto venture capitalist Nick Tomaino stated that Trump owns 80% of the TRUMP coin supply and launched it just hours before the inauguration, which is predatory and could harm many people. Trump should airdrop to the public instead of using this to enrich himself or his team.

ChainCatcher news, according to official sources, the Trump Silver Commemorative Coin TRUMP COINS is officially on sale today, and the waitlist registration is now open. "This first edition silver coin is made from the highest quality materials, and it is not just a collectible, but a symbol of resilience, prosperity, and national pride."Previous news, former U.S. President Trump launched his first edition silver commemorative coin TRUMP COINS.

ChainCatcher News, former U.S. President Donald Trump announced the launch of the first edition silver commemorative coin TRUMP COINS on his social media, which is said to be "minted in the USA" and is set to go on sale starting September 25. The main features of this silver commemorative coin include:Contains 1 ounce of .999 pure silverMinted in Indiana, USADesigned by Donald J. TrumpThe only officially authorized silver medal of Donald J. Trump on the marketThe front features the image of President Donald J. Trump, while the back features an image of the White HouseComes with a custom felt bag and certificate