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Trump Hosts Exclusive $TRUMP Memecoin Dinner Amid Growing Ethical Concerns

President Trump welcomed top investors of his $TRUMP cryptocurrency to a private dinner at his Virginia golf club, drawing criticism over transparency, foreign influence risks, and potential conflicts of interest.

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.
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Overview

  • The private dinner at Trump National Golf Club included the top 220 $TRUMP memecoin holders, with the top 25 receiving VIP access and White House tours.
  • The White House has refused to release the guest list, sparking criticism over anonymity and potential foreign influence, as many top holders reportedly used foreign exchanges.
  • Ethics experts and Democratic lawmakers have denounced the event as a pay-to-play scheme, with accusations of selling access to the presidency.
  • Democrats have introduced legislation to ban senior officials from crypto ventures and are considering legal action over potential constitutional violations.
  • Prominent attendees include Justin Sun, a Chinese-born crypto billionaire with a history of legal scrutiny, raising further concerns about foreign access to U.S. leadership.