Trump's Meme Coin Gala Shakes Crypto World and Sparks Political Backlash.
Former U.S. President Donald Trump is making waves in the crypto world with a high-profile gala dinner for the top 220 investors in his meme coin, $TRUMP. The exclusive event, set to take place at a golf course near Washington, will include a special reception for the top 25 holders. Leading the list is Tron founder Justin Sun, who holds approximately $20 million worth of TRUMP and confirmed his attendance, calling himself Trump’s biggest supporter. Other top investors include Singapore-based firm MemeCore and anonymous figures like Ogle and Smooth Operator.
The event has stirred significant controversy. Critics, especially Democrats, accuse Trump of using cryptocurrency to create a backdoor for foreign influence and private gain. Senator Richard Blumenthal labeled the gala “an unprecedented bribery scheme,” raising concerns about national security. Lawmakers are pushing for legislation to restrict elected officials from promoting or profiting from digital assets. The crypto-political clash intensifies as Thursday’s gala near.
#$TRUMP ##$TRUMPUSDT #