Overview

• California Gov. Gavin Newsom said on the Pivot podcast that he plans to release a satirical memecoin called the Trump Corruption coin.
• Newsom framed the project as a parody of President Trump’s crypto efforts, which he described as a “crypto grift.”
• He said all proceeds would go to his Campaign for Democracy and organizing tied to redistricting.
• Newsom indicated the coin would be added to his Patriot Shop, though outlets note key launch and technical details remain unspecified.
• The coin tease extends a weeks-long strategy in which Newsom mimics Trump’s online style and sells parody merchandise, drawing sharp partisan reactions.