![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
President Donald Trump Hosted an Exclusive Dinner for the Top Holders of His TRUMP Meme Coin
May 26, 2025 at 05:51 pm
The event cost attendees a combined $148 million to secure their invitations through purchasing the token.
President Donald Trump hosted an exclusive dinner on Monday evening at his Virginia golf club for the top holders of his TRUMP meme coin, which sold for a combined $148 million to secure invitations to the event.
The dinner at Trump National Golf Club in Potomac Falls, Virginia, was attended by 220 guests, including crypto influencers, industry executives like Sandy Carter from Unstoppable Domains, and former NBA player Lamar Odom.
It was part of a broader initiative by Trump to engage with the cryptocurrency community, having previously met with crypto executives at the White House and discussed topics like stablecoins and the role of the U.S. in the global digital asset landscape.
The event was marketed as offering “the most exclusive invitation in the world,” with the top 250 TRUMP token holders invited to dine with the president. However, attendees described a less-than-ideal culinary experience, with one guest comparing the filet mignon to "Walmart steak."
Attendee food impressions weren't great. One guest described the filet mignon as "trash" and compared it to "Walmart steak." For dessert, guests were served lava cake.
Trump's crypto dinner looks like a meal you'd get as a reward in prison for not stabbing anyone all week.
This generation will go down in history for allowing the president of the United States to sell White House tours on eBay.
"The food sucked," said Nicholas Pinto, a 25-year-old crypto investor who attended the dinner with his father, who drove them to the event in a Lamborghini. "Wasn't given any drinks other than water or Trump's wine. I don't drink, so I had water. My glass was only filled once."
Pinto said the three-course meal started with a Trump organic field green salad, followed by filet mignon with pan-seared halibut, mashed potatoes, and vegetable medley.
The guest described a hectic scene inside the golf club, with people rushing to fill their plates and limited seating available.
The president arrived later than expected, staying for just 23 minutes before departing by helicopter without taking questions or photos with contest winners, according to Pinto.
Trump delivered a short address covering familiar crypto talking points, highlighting the importance of innovation and the U.S. leading the way in the digital asset space.
It should be illegal for the president of the United States to charge people money to have dinner with him. Campaign donations are fine. But not direct payments to the president's personal account. Nor should a president sell White House tours and pocket the proceeds personally.
— Peter Schiff (@PeterSchiff) May 22, 2025
"He didn't talk to any of the 220 guests — maybe the top 25," said Pinto, adding that there was no interaction with the president after his brief speech.
Those present said security was lax compared to other high-profile events, with phones not locked in RFID pouches and a relaxed atmosphere overall.
The guest list for the event also sparked concerns among lawmakers and regulators. Among the top token holders was Chinese-born crypto entrepreneur Justin Sun, who held over $22 million in TRUMP tokens and another $75 million in World Liberty Financial's native token.
Sun is currently facing fraud charges from the Securities and Exchange Commission, which were recently paused by the agency. In their decision to pause the proceedings, the SEC cited "the public interest" in winding down the case.
Meanwhile, outside the golf club, an estimated 100 protesters gathered to demonstrate against the president's actions, according to NBC News.
Senator Jeff Merkley of Oregon joined the protest in support of a new End Crypto Corruption Act that he is co-sponsoring with Senate Minority Leader Chuck Schumer.
The bill aims to prevent government officials from engaging in crypto-related activities that could present conflicts of interest.
The president's dinner has created complications for ongoing crypto legislation efforts, with one House lawmaker expressing concerns about the distraction it poses.
"We're trying to do the work of the American people, and I think it's a distraction from the good work that we need to do," said Representative French Hill of Arkansas, who is leading bipartisan negotiations on the GENIUS Act stablecoin regulation bill.
The GENIUS Act is now facing increased political challenges, with Senator Josh Hawley of Missouri adding a controversial provision to cap credit card late fees, which could alienate banking allies and stall the bill's approval.
On Thursday night during the dinner, Senate Democrats announced plans to push for new provisions to ban presidents and senior officials from profiting off crypto ventures while in office. This initiative directly challenges the Trump-linked USD1 stablecoin, which launched earlier this year.
According to Bloomberg News analysis, all but six of the top 25 wallets used foreign exchanges that are typically off-limits to U.S. users. Additionally, more than half of the
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.