Trump hosts memecoin dinner, mixing presidency with crypto interests
Some 220 of the biggest investors in the $TRUMP memecoin were invited to Trump’s luxury golf club for event
US President Donald Trump hosted a closed-door dinner for hundreds of top investors in his cryptocurrency memecoin Thursday, as sign-holding protesters outside and Democratic opponents decried the event as blatant “corruption”.
The unprecedented melding of US presidential power and personal business took place at Trump’s golf club outside Washington, where Trump flew by helicopter to meet the 220 biggest purchasers of his $TRUMP memecoin.
The top 25 investors, according to an event website, were to get a private session with Trump beforehand and a White House tour.
Trump launched the memecoin three days before his inauguration in January, quickly increasing his net worth by billions and prompting major, first-of-their-kind ethics questions.
The White House played down those concerns Thursday, insisting Trump was attending in his “personal time”.