Senator Jon Ossoff Accuses President Donald Trump of Misconduct Related to a Gala Dinner Planned for Top Holders of the Trump-themed ($TRUMP) Meme Coin

Senator Jon Ossoff is accusing President Donald Trump of serious misconduct related to a gala dinner planned for top holders of the Trump-themed ($TRUMP) meme coin.

Senator Jon Ossoff has accused President Donald Trump of serious misconduct related to a gala dinner planned for top holders of the Trump-themed ($TRUMP) meme coin. Speaking at a town hall Friday, Ossoff didn't mince words, calling the event a potential “impeachable offense” and stating the president appears to be “selling access for what are effectively payments directly to him.”

Senator Jon Ossoff (D-Georgia) said at a town hall Friday that President Donald Trump's invitation to top memecoin investors for a “grand dinner” constitutes “an impeachable offense.” Ossoff criticized that the president is "selling access and effectively accepting direct payments."https://t.co/PLgUP3WvtY

Inside the Controversial ‘Dinner with Trump’ Event

Here’s what sparked the controversy: An announcement promoted a private gala dinner with President Trump scheduled for May 22nd at the Trump National Golf Club near Washington, D.C. Invitations are limited to the top 220 holders of the $TRUMP meme coin, ranked by their average holdings between April 23rd and May 12th. On top of the dinner, the top 25 holders are promised extra VIP perks, including a special White House tour.

Related: Justin Sun Tops TRUMP Token Leaderboard with 1.17 Billion Tokens Ahead of Trump Dinner Event

Registration for the dinner requires participants to connect their crypto wallets through gettrumpmemes.com and submit personal identifying information. However, background screenings will be conducted, and registrants from KYC watchlist countries will not be permitted. Additionally, attendees must sign a non-disclosure agreement before the event.

The Senator’s Argument: ‘Selling Access’ for Personal Gain?

Senator Ossoff’s core argument is that by tying exclusive presidential access to holding $TRUMP tokens, the president is using his office to boost an asset that benefits him personally. While Trump might not receive cash directly when tokens are bought on exchanges, affiliated companies (like CIC Digital LLC and Fight Fight Fight LLC) reportedly hold 80% of the total $TRUMP supply.

Therefore, Ossoff argues, pumping the token’s price directly increases Trump’s net worth, effectively making the dinner access a transaction for personal enrichment – crossing an ethical and potentially legal line.

Related: Will $TRUMP Token Bulls Challenge the Key $13.64 Resistance Level Again on April 26?

Debate Over Financial Benefit and Political Hurdles

The token’s price clearly reacted to the news, jumping over 70% shortly after the dinner announcement, underlining the financial implications. Critics agree with Ossoff that this creates a major conflict of interest, blurring the lines between presidential duties and personal business ventures linked to the Trump brand.

However, Ossoff himself acknowledged the political reality. Actually impeaching the president requires a majority vote in the House of Representatives. With Republicans currently controlling the House, such a move is considered highly unlikely, regardless of the accusations.

This specific incident adds fuel to ongoing concerns about the Trump administration’s deep ties to the crypto industry. Since campaigning as a “crypto president,” Trump has pushed for industry-friendly regulations while he and his family have connections to various crypto projects, including stablecoins, Bitcoin mining, and investment funds, raising continuous questions from ethics watchdogs.

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