US President Donald Trump is set to host a private event for top memecoin holders in Washington, DC. Reports suggest that over half of the attendees may be foreign nationals. The event has sparked controversy, with lawmakers criticizing the potential for conflicts of interest and corruption. Some Democrats have even linked the event to proposed legislation on digital assets. Protests are planned during the dinner, highlighting concerns about public officials benefiting from such events. Despite the criticism, some investors see the memecoin as a strategic investment. The event's impact on trade policies and the administration's stance on cryptocurrency has also come under scrutiny. As lawmakers prepare to vote on related legislation, questions about conflicts of interest and insider trading continue to loom over Trump's crypto ventures. Read more AI-generated news on: https://app.chaingpt.org/news