Industry experts and lawmakers have raised ethical concerns over Trump's own foray into cryptocurrencies, including the launch of the president's meme coin, Official Trump, and the Trump Organization-owned DeFi project World Liberty Financial

Senator Warren criticized the SEC’s decision to drop enforcement cases against major crypto firms like Coinbase, Robinhood and Kraken, accusing the agency of deregulating crypto to benefit insiders and enabling speculation in memecoins, including Trump’s own token