Trump to Host Two Crypto Dinners This Month Amid Growing Ethics Concerns
President Donald Trump is hosting two crypto-themed dinners this month. The first, a $1.5 million-per-plate "Crypto & AI Innovators Dinner," took place at Trump National Golf Club, featuring guest David Sacks. The second event, scheduled for May 22, is for holders of the $TRUMP meme coin, with the top 220 token holders invited. The highest 25 will receive a private reception and a White House tour, with access based on the number of $TRUMP tokens held. Lawmakers, including Sen. Elizabeth Warren and Rep. Adam Schiff, have criticized these events as selling access to wealthy crypto backers. Concerns have been raised about transparency in political crypto fundraising, as identities of top token holders remain undisclosed. Watchdog group Accountable.US labeled the $TRUMP dinner as a corrupt self-enrichment scheme, alleging that a significant portion of the token supply is held by Trump affiliates. Interest in the $TRUMP token surged over 50% following the announcement of the dinner. If the event is canceled, winners will receive a Trump-branded NFT.
