Trump Dinner Draws Criticism from US Senator
.png)
In the United States, Trump's recent actions have sparked a notable discussion. A US Senator has publicly expressed concerns about the invitation posted on the $TRUMP coin website, where an exclusive dinner is being organised for the top 220 holders of his own memecoin, the "TRUMP" token.
The "TRUMP" token, which saw a remarkable price surge of over 50% following the dinner announcement, has drawn attention from both investors and critics. The memecoin's website announced that the President will host an exclusive dinner at his Washington, DC golf club for the largest token holders. The website also posted a leaderboard tracking the top "TRUMP" wallets and a registration link for the event.
The Senator noted that impeachment is unlikely at this point unless the Democratic Party gains a majority in the 2026 midterm elections. "It's clear that unless the Democrats regain control of Congress, there will be no impeachment," he said.
The exact guest list remains unclear, but the memecoin's website states that applicants must pass a background check, cannot be from a "Know Your Customer" (KYC) watchlist country, and cannot bring additional guests.
Rumours circulated on social media that TRUMP holders needed to possess at least $300,000 to attend the dinner with the President. However, this was denied by the TRUMP team. The top 220 wallets are eligible, but the team clarified that the wrong list was being referenced: "The top 220 in the block explorer includes locked tokens, exchanges, market makers, and non-participants. You should only refer to the leaderboard."
Disclaimer: This is not financial advice. Always conduct your own research and seek professional advice.
Unethical Action Raises Possibility of Impeachment
Senator Jon Ossoff stated during a public meeting, "I saw two days ago that he's receiving audiences from people who are buying his memecoin." He suggested this could be a potential breach of ethical standards, adding, "When the sitting President of the United States is selling access for what are effectively direct payments to him, there's no question that that rises to the level of an impeachable offence."The "TRUMP" token, which saw a remarkable price surge of over 50% following the dinner announcement, has drawn attention from both investors and critics. The memecoin's website announced that the President will host an exclusive dinner at his Washington, DC golf club for the largest token holders. The website also posted a leaderboard tracking the top "TRUMP" wallets and a registration link for the event.
The Senator noted that impeachment is unlikely at this point unless the Democratic Party gains a majority in the 2026 midterm elections. "It's clear that unless the Democrats regain control of Congress, there will be no impeachment," he said.
Leaderboard of Largest Wallets
On April 23rd, the official Trump "TRUMP" memecoin website announced that Trump would host an exclusive dinner at his Washington, DC golf club for the 220 largest holders of the TRUMP coin. Shortly after, a leaderboard was posted showing the largest TRUMP wallets, along with a registration link for the event. According to data from CoinMarketCap, the TRUMP token's price has increased by over 50% since the announcement.The exact guest list remains unclear, but the memecoin's website states that applicants must pass a background check, cannot be from a "Know Your Customer" (KYC) watchlist country, and cannot bring additional guests.
Rumours circulated on social media that TRUMP holders needed to possess at least $300,000 to attend the dinner with the President. However, this was denied by the TRUMP team. The top 220 wallets are eligible, but the team clarified that the wrong list was being referenced: "The top 220 in the block explorer includes locked tokens, exchanges, market makers, and non-participants. You should only refer to the leaderboard."
Potential Conflict of Interest?
In addition to the potential ethical concerns, legal experts have also expressed concerns about possible conflicts of interest. "If he has a personal pecuniary benefit arising from his own policies, that's a conflict of interest," one expert noted. These concerns are heightened by the fact that the former President, should he return to a political position, could influence regulations concerning digital assets.Disclaimer: This is not financial advice. Always conduct your own research and seek professional advice.