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Trump May Have Skirted the Law Addressing His Crypto Investors with Presidential Seal

  • On Thursday evening at his Virginia golf course, President Donald Trump spoke to approximately 220 key supporters involved with his $TRUMP cryptocurrency project during a private dinner.
  • The event featured Trump using the presidential seal and arriving by Marine One, actions that may violate federal law prohibiting unauthorized seal use and convey false government approval.
  • Investors, including notable figures like Justin Sun and Lamar Odom, have collectively spent $394 million on $TRUMP coins, many of them possibly foreign nationals, raising ethical and national security concerns.
  • On May 22, thirty-five members of the House of Representatives called on the Justice Department to investigate whether the memecoin dinner involved breaches of laws prohibiting bribery and the acceptance of gifts from foreign governments without Congressional consent.
  • The use of official symbols and exclusive investor access has fueled criticism labeling the event as corrupt access selling, while the $TRUMP memecoin markets show notable volatility amid these allegations.
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Jingletree broke the news in on Saturday, May 24, 2025.
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