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How Trump is benefiting from a new cryptocurrency meme coin

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Then Republican presidential candidate Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024, in Nashville. (Mark Humphrey/AP)
Then Republican presidential candidate Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024, in Nashville. (Mark Humphrey/AP)

President Trump is personally benefiting from a new cryptocurrency meme coin that's grown to be worth billions of dollars in just a few days. We learn more about the financial asset and what critics say is a potential for corruption from Felix Salmon, chief financial correspondent at Axios.

This segment aired on January 21, 2025.

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