The post TRUMP Meme Coin News: $TRUMP Under Fire Again as SEC Declines Investor Protection — What’s Next for Holders? appeared on BitcoinEthereumNews.com.
The U.S. Securities and Exchange Commission (SEC) has confirmed it will not offer regulatory protection to investors in meme coins like $TRUMP, marking a significant shift in Washington’s stance toward crypto. The move, announced by SEC Commissioner Hester Peirce during the 2025 Bitcoin Conference in Las Vegas, leaves holders of the Trump-affiliated meme coin exposed to market volatility and potential manipulation. Speaking candidly, Peirce said, “It’s important for people who are buying those [meme coins] to understand they are not getting the protections of the securities laws.” She emphasized that the SEC is choosing not to interfere with the meme coin market, even when tokens like $TRUMP are tied to high-profile political figures. $TRUMP Token: A Political and Financial Flashpoint Launched in January 2025 just ahead of President Donald Trump’s return to office, the $TRUMP token rocketed to a $15 billion market cap before plunging by over 85% in a matter of days. The Solana-based token gained immediate traction, fueled in part by Trump’s social media endorsement urging supporters to celebrate “everything we stand for: WINNING!” SEC’s Hester Peirce reaffirmed that the TRUMP memecoin falls outside the agency’s regulatory scope. Source: Coin Bureau via X Reports later confirmed that approximately 80% of the token’s supply is controlled by entities linked to the Trump Organization. While the White House maintains that Trump’s crypto holdings are in a trust managed by his children and pose no legal conflict, critics aren’t convinced. Senator Richard Blumenthal, a Democrat from Connecticut, has warned of the token’s potential as a “backdoor for foreign and corporate influence” on the presidency. Watchdog groups argue that Trump’s public remarks and policy decisions could indirectly sway $TRUMP’s market value, creating blurred lines between governance and personal gain. SEC’s Crypto Philosophy Evolves Under Trump The SEC’s hands-off approach to meme coins…