President-elect Donald Trump has launched a new cryptocurrency token that’s soaring in value and potentially boosting his net worth

A president-elect launching a new business product is a highly unusual move, and it is a major concern for ethics watchdogs.

Crypto markets have been rocked by the launch of an "official" Donald Trump memecoin this weekend— with traders braced for more mayhem this coming week. The price of the "official" Trump memecoin has surged since its Friday evening launch,