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Inside the Room at Trump’s Meme Coin Dinner

  • President Donald Trump held a black-tie dinner on Thursday night at his Sterling, Virginia golf club for top holders of his $TRUMP meme coin.
  • The event followed the launch of Trump's memecoin before his January inauguration, which initially surged then quickly declined amid speculation and controversy over political profiteering.
  • Nearly 220 investors, including foreign nationals, attended after investing millions, with the 25 largest paying for VIP access, all required to pass background checks and dine on a multi-course meal.
  • Some critics condemned the dinner as a scheme allowing wealthy individuals to buy access to the president, but a White House spokesperson strongly rejected any allegations of personal profit, calling such accusations baseless.
  • The event raised Washington concerns but was framed by the White House as Trump's personal capacity appearance, with Trump recounting his 2024 victory and asserting strong border security during a 20-minute speech.
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Forbes broke the news in United States on Friday, May 23, 2025.
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