Trump to host 3rd ‘exclusive’ memecoin event amid corruption claims

Summary

Trump’s memecoin team announced a third tokenholder dinner for Nov. 22, where Trump will appear at his Washington, DC golf club with three guests. Attendance will go to the top 185 holders based on rankings from Sept. 30 to Nov. 12. Similar events already included a May 2025 dinner and an April 2026 luncheon. The announcement came after Public Citizen estimated that investors in Trump family crypto ventures were $4.7 billion underwater, including $3.2 billion in losses tied to TRUMP. The token briefly rose about 9% after the news, though it remained far below its peak near $70 and was trading around $2. The event renewed ethics criticism, with opponents calling it pay-to-play access to the presidency. The announcement also added to Democratic objections to the Senate’s CLARITY Act, which some lawmakers said fails to address Trump’s crypto profits from office.