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California Governor Plans to Launch "Trump Corruption Coin" to Criticize Trump's Controversial Actions in the Cryptocurrency Space

By: theblockbeats.news|2025/08/31 11:12:19

BlockBeats News, August 31st, according to Cointelegraph, California Governor Gavin Newsom recently revealed plans to launch a cryptocurrency called the "Trump Corruption Coin" in direct response to Donald Trump's controversial behavior in the crypto space, especially in the Meme coin sector.

Gavin Newsom, speaking on the "Pivot" podcast, said that this Meme coin named after Trump's alleged scandals is part of his larger "Campaign for Democracy" initiative, with funds raised being used for redistricting and voter outreach efforts.

Gavin Newsom said in the interview, "We are about to launch a meme coin. Trump, see which coin, yours or ours, is more popular." When asked if it would be called "Gavin Coin," he replied, "No, it's called the Trump Corruption Coin."

He added, "We just want to increase the heat and make people aware of the absurdity of this situation." Gavin Newsom referred to Trump as "one of the greatest con artists of our time" and said, "None of this is normal."

A whale deposited $5.96 million into HyperLiquid and went long on SOL and HYPE.

10x Research: South Korean Retail Traders Have Already Bought Over $12 Billion Worth of US Crypto Company Stocks This Year