New Trump Meme Coin Comes With a Legal Waiver [Video]

Purchasers of a new meme coin, endorsed by Donald Trump‘s social media account, must agree to terms and conditions that include a block on them bringing class action lawsuits.

Newsweek contacted representatives of Trump’s transition team for comment via email, outside of regular office hours on Saturday.

Why It Matters

Class action waivers are often deployed by companies to help reduce financial risk, but opponents argue they can limit consumers’ rights and prevent company accountability.

These waivers, where one side of a deal gives up some legal rights, are controversial and have triggered disputes in the U.S. Congress and Supreme Court.

What To Know

The $TRUMP meme coin, illustrated by an artistic depiction of the incoming president pumping his fist into the air after surviving an assassination bid in July 2024, is being sold via the ‘Get Trump Memes’ website.

The website refers to the failed Trump assassination attempt in July 2024, when he “faced death and came up …