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Cryptocurrency News Articles

Trump hosts closed-door dinner for hundreds of top investors in his crypto memecoin

May 23, 2025 at 01:16 pm

WASHINGTON: United States President Donald Trump hosted a closed-door dinner for hundreds of top investors in his crypto memecoin

Trump hosts closed-door dinner for hundreds of top investors in his crypto memecoin

US President Donald Trump is facing criticism from both inside and outside the White House for hosting a dinner with hundreds of top investors in his crypto memecoin on Thursday evening.

As Trump’s helicopter landed at his golf club outside Washington, around 15 protesters stood outside holding signs that read: “Trump = Corruption.”

Meanwhile, Democratic opponents of the president decried the event as a blatant melding of US presidential power and personal business.

The president was said to be in a good mood as he arrived at the club 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 on Thursday, maintaining that Trump was attending in his “personal time”.

The president posted on his Truth Social platform ahead of the event that “the USA is DOMINATING in Crypto, Bitcoin, etc” and vowed to “keep it that way”.

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Other articles published on May 23, 2025