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Cryptocurrency News Articles

Sen. Richard Blumenthal (D-CT) Calls Trump's Upcoming Meme Coin Dinner "Outright Evidence of Corruption"

Apr 25, 2025 at 01:43 am

CNN anchor John Berman asked Sen. Richard Blumenthal (D-CT) to weigh in on President Donald Trump's announcement this week that he will host a "private dinner" for the top

A CNN anchor asked Sen. Richard Blumenthal (D-CT) to weigh in on President Donald Trump’s announcement this week that he will host a “private dinner” for the top holders of his meme coin, an announcement which sent its price skyrockheating - putting money in Trump's pocket.

“There are reports, and we’ve seen it, that the Trump, you know, corporation as it were, a company has put out invitations to people having to do with Donald Trump's meme coin, this crypto situation where he's inviting people to come to a dinner,” Berman began, adding:

It says, 'have dinner with President Trump, the most exclusive invitation in the world only for the top 220 Trump meme coin holders. President Trump is known as the crypto president at this intimate private dinner hear firsthand President Trump talk about the future of crypto.'

“And this, I think this announcement drove up the price of the Trump meme coin here. Do you see any issues with this?” he asked.

“I think it is a powerful indication, in fact, outright evidence of corruption. And the only difference between the corruption that we’ve seen in any other past administration, this one is President Trump seems to be self-dealing right out in the open,” Blumenthal replied, adding:

And Elon Musk as well in trying to slash and trash agencies that regulate his companies, SpaceX, Tesla. All of the federal agencies have been decimated, and this kind of self-dealing, including in tariffs, by the way, the only deals that President Trump has been able to conclude so far in tariffs are to exempt the companies and billionaires that donated to his campaign or to his inaugural or through parties for him.

Tim Cook of Apple, managed to get an exemption for computer equipment, semiconductors, and so forth. So I think this latest indication of corruption cries out for a congressional investigation.

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Other articles published on Apr 25, 2025