Just before Trump began his second administration in January, he and his business partners launched the $TRUMP coin. It's a meme coin that quickly raked in hundreds of millions of dollars. And there's a lot of earning potential still left on the table. Is any of this legal?

Today on the show, we examine how the $TRUMP coin works and talk to an expert about how the president's meme coin gambit interacts with the Foreign Emoluments Clause of the Constitution.

How the memecoin game is played

Did Trump enable insider trading?

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Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.