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Trump draws global crypto investors with $148 million meme coin dinner
Season 1 · Episode 8368

Trump draws global crypto investors with $148 million meme coin dinner

Top $TRUMP holders head to crypto dinner with president that Democrats call 'orgy of...

Daily SumUp · Daily SumUp

May 23, 20251m 53s

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Show Notes

US President Donald Trump will host top purchasers of the cryptocurrency that bears his name at a gala dinner on Thursday.


$TRUMP was launched shortly before his inauguration in January, initially rocketing in value before falling sharply shortly afterwards.


"It's fundamentally corrupt -- a way to buy access to the President," Democrat senator Chris Murphy wrote on X, one of a number of people to question the ethics of the event.


Some have also suggested the expected attendance of many foreign investors poses a threat to national security.


But the White House has batted away such allegations, saying Trump is only motivated by public service


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