Trump Hosts Exclusive Dinner for $Trump Token Holders Amid Controversial Crypto Ties

President Donald Trump hosted a dinner for the top holders of his $Trump token at the Trump National Golf Club outside Washington, D.C., on Thursday night. Among the attendees was crypto billionaire Justin Sun, who was awarded a $100,000 Trump-branded watch. Sun, who is the leading holder of the meme coin, expressed gratitude for the Trump administration's support of the crypto industry during the event. The dinner welcomed the top 220 holders of the token, with the top 25 enjoying a more exclusive reception with Trump himself. Sun shared a video on social media, showcasing his arrival at the Eisenhower Executive Office Building, where he reportedly met with top White House officials. However, the White House has not confirmed the details of any meetings. Sun has a controversial history, having faced legal troubles in 2023 when the Securities and Exchange Commission charged him with fraud related to his TRX cryptocurrency. The SEC paused its investigation shortly after Trump took office. Despite this, Sun remains a significant figure in the crypto world, with an estimated net worth of $8.5 billion. His ties to Trump extend beyond the dinner; he previously invested $75 million in World Liberty Financial, a crypto project linked to Trump and his sons. The Trump Organization reportedly controls 80% of the $Trump coin, highlighting the potential for significant profits as the coin gains traction. First Lady Melania Trump has also launched her own coin. Representatives for both the Trump Organization and Justin Sun have yet to respond to inquiries regarding the event.