Trump's crypto tokens are raising ethical and geopolitical concerns--and are worrying even Trump's staunchest pro-crypto supporters

President Donald Trump's goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins - a move critics say looks like an unseemly cash grab that undermines an effort to legitimise digital assets.

Trump- and Melania-themed digital tokens minted billions on paper for the first family while raising conflict-of-interest and foreign influence concerns.