Trump-linked firm moves $12 million in assets ahead of China visit

The official Trump team just moved $12 million in TRUMP meme coins to custody platforms right before a high-stakes diplomatic visit to China, even though the coin has crashed 95% from its peak. It is unprecedented for a sitting president to have an official team managing a volatile, utility-free meme coin while simultaneously navigating a trade war and Supreme Court setbacks over tariff authority. Is this a genius branding move or a massive conflict of interest? What’s your take?
This summary was generated by AI