Trump denies profits from TRUMP token, but dinner with holders sparks controversy
Former US President Donald Trump denied profiting from the memecoin $TRUMP, despite reports indicating significant gains through wallets associated with him. The token, linked to entities managing Trump's NFT collection, is largely controlled by CIC Digital LLC and Fight Fight Fight LLC. The White House announced plans to invite the 220 largest holders of the token for a dinner with the president, which raised concerns among Democratic lawmakers about potential conflicts of interest and impacts on legislation regarding stablecoins and the structure of the crypto market in the US. $TRUMP #USHouseMarketStructureDraft
Former US President Donald Trump denied profiting from the memecoin $TRUMP, despite reports indicating significant gains through wallets associated with him. The token, linked to entities managing Trump's NFT collection, is largely controlled by CIC Digital LLC and Fight Fight Fight LLC. The White House announced plans to invite the 220 largest holders of the token for a dinner with the president, which raised concerns among Democratic lawmakers about potential conflicts of interest and impacts on legislation regarding stablecoins and the structure of the crypto market in the US. $TRUMP #USHouseMarketStructureDraft
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