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Senator Jon Ossoff Backs Impeaching Trump Over Memecoin Access Scandal
- Senator Jon Ossoff has publicly commented that he believes Trump should be impeached.
- This follows a recent move by the TRUMP memecoin to allow top holders to join Donald Trump for a dinner.
- He cites Trump’s memecoin as a conflict of interest which could hold reasonable grounds for impeachment.
- Ossoff mentions that without the numbers in the House of Representatives and Senate, impeachment is not possible.
- The proportions of Democrats to Republicans in the House of Representatives and the Senate hold the potential to change come the mid-term elections in 2026.
A US Senator has called for the impeachment of Trump following a recent announcement by the Trump memecoin’s website page.
The website mentioned that the top 220 holders of the TRUMP coin would be granted a dinner with the president. The website then posted a leaderboard highlighting the top holders of TRUMP coin.
The comments by Senator Jon Ossoff were made following an attendee of a town hall event in Georgia asking why Trump has not yet been impeached by the Democrats. Ossoff responded with his strong agreement that Trump should be impeached but that it is not yet possible, though it is something that he is working towards.
I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin… When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.
Senator Jon Ossoff What Grounds are There to Impeach Trump?
Some experts have touted Trump’s personal ventures into the cryptocurrency industry as a conflict of interest with his role as president. These ventures include his TRUMP memecoin, NFT collections, and the Trump-family backed World Liberty Fi, all of which the Trump family hold a personal stake in, of which they can monetise.
For context, the Trump administration has recently heralded in a new era of providing a more friendly environment towards the cryptocurrency industry. This includes installing pro-crypto figures in the SEC and issuing an executive order to establish a Strategic Bitcoin Reserve.
Ossoff also cited Trump’s defiance regarding a Supreme Court order to return Kilmar Abrego Garcia to the US from a prison in El Salvador as another reason that could justify a Trump impeachment. Garcia, a Maryland resident and originally from El Salvador, recently made headlines around the world for being deported without due process.
Related: TRUMP Coin Loses Steam as Exclusive Dinner Promise Fails to Ignite Investor’s Interest
How Could a Trump Impeachment Occur?
To impeach Trump would require a majority vote in the House of Representatives and then 2/3 of the votes in the Senate. This does not currently seem possible given that the Republicans currently control both these bodies. However, mid-term elections in 2026 hold the potential to change the balance of these seats.
Related: Saylor Says Atkins Good for Crypto as Commissioner Peirce Signals New SEC Direction
Author
Matthew Sell
Matthew is an avid writer with a wealth of experience in the blockchain and FinTech industries. Matthew has also honed his writing skills through his tertiary studies in creative writing at the University of Oxford.
