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.