California Gov. Newsom Fires Back At US President With ‘Trump Corruption Coin’ Tease

California Governor Gavin Newsom on Friday teased a new satirical memecoin called “Trump Corruption Coin,” part of what he described as a broad push to mock US President Donald Trump’s growing ties to the crypto ￰0￱ governor made the remark during a high-profile appearance on the Pivot podcast and at the California Agenda: Sacramento Summit, saying the coin would be tied to his “Campaign for Democracy.” Governor’s Mocking Move According to Newsom, the token is meant as political satire and a fundraising ￰1￱ have disclosed that proceeds would be directed toward redistricting work and voter outreach — causes the governor has said are central to his campaign ￰2￱ framed the idea as a way to highlight what he calls the “absurdity” of well-known crypto maneuvers tied to the US ￰3￱ Newsom: “We’re about to put a meme coin out.” Kara Swisher: “Is it going to be gold Gavin Coin?” Newsom: “No, it’s Trump Corruption Coin… this is one of the great grifters of our time… His family is sent out before these foreign trips doing ￰4￱ crony capitalism… ￰5￱ — Blue Georgia (@BlueATLGeorgia) August 29, 2025 Newsom’s comments come after weeks of increasingly pointed online ￰6￱ has been selling parody items in a Patriot Shop that mirrors MAGA-style branding, and his team has used all-caps social posts and AI-generated memes to needle conservative ￰7￱ coin tease was delivered with a jab: when asked if it would be called a “Gavin Coin,” he said no — it would be “Trump Corruption Coin.” A Direct Response To Trump’s Crypto Moves Based on reports, the governor also drew a contrast with tokens tied to ￰8￱ noted the President’s earlier foray into memecoins and recent crypto-linked activity surrounding his ￰9￱ have referenced Trump’s own Solana-based token, which was released earlier this year and has drawn scrutiny from ￰10￱ strategists say the stunt serves a double purpose: it keeps Newsom in the headlines, and it forces conversation about the messy overlap between politics and ￰11￱ aides declined to lay out technical details immediately; it was not clear if the memecoin would be a fully tradable token, a novelty NFT, or a limited-run collectible tied to the Patriot ￰12￱ was made plain is that the move is satirical and activist in ￰13￱ To Watch Next Observers will watch three things closely: whether the coin is minted on a public blockchain, how much money it raises, and how regulators respond.

Meanwhile, Trump just backed the launch of WLFI , a token promoted as a major part of his crypto ￰14￱ coin saw heavy trading in its first days but quickly dipped by about 30% after launch , raising questions about stability and long-term investor ￰15￱ development added more fuel to critics who say Trump’s embrace of memecoins and crypto projects is less about policy and more about ￰16￱ image from Justin Sullivan/Getty Images , chart from TradingView