'Orgy of Corruption': Senators Slam Trump Crypto Dinner, Demand Info on Attendees
Congressional Democrats criticized President Donald Trump's dinner with top holders of his meme coin, labeling it an "orgy of corruption." They demanded transparency regarding the attendees, arguing it undermines disclosure norms associated with the presidency. The dinner, closed to the press, includes the top 220 holders of Trump's token, with a VIP reception for the top 25 investors. Notable attendee Justin Sun, a Chinese-born crypto billionaire, is under investigation for financial crimes. Senators expressed concerns about foreign influence and national security risks, urging Trump to disclose the guest list. Democrats linked the event to pending digital assets legislation, advocating for an amendment to prohibit the president from profiting off his stablecoin while in office. House Democrats introduced a bill to restrict crypto dealings by the president and family during their term.
