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Trump to host investors in his cryptocurrency despite ethical concerns

  • President Donald Trump hosted a dinner on May 22, 2024, at his Northern Virginia golf club for about 220 top investors of his $TRUMP meme coin project.
  • The event followed a growing embrace of cryptocurrency by Trump and his family, who have developed and profited from various crypto ventures since before his 2021 presidency ended.
  • During the dinner, Trump spoke for about half an hour, danced to "YMCA," and praised the industry, which is politically influential and financially beneficial to his relatives.
  • Critics, including Senator Richard Blumenthal, called the gathering a way of "auctioning off access" to the White House, while supporter Nic Carter viewed it as a distraction needing common-sense legislation.
  • The event underscored ethical concerns over conflicts of interest and transparency, highlighted by protests and a signed investor ranking poster board visible despite no media access.
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Trump hosts top crypto investors as industry leaders fear he's putting personal profits first

Despite the White House insisting Trump would be attending the event "in his personal time," he stood behind a lectern with the presidential seal as he touted the crypto industry.

·Tucson, United States
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coincodex.com broke the news in on Wednesday, May 21, 2025.
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