In response to Trump's launch of Meme Coin TRUMP, SkyBridge founder Anthony Scaramucci said it was bad for the industry and compared it to the level of corruption of former Ugandan President Idi Amin. Meidas Touch co-founder Ben Meiselas believes Trump should focus on more urgent matters. Meanwhile, Barstool Sports founder Dave Portnoy compared the matter to Internet celebrity Haliey Welch's alleged Meme Coin HAWK pumping scheme.