$TRUMP ’s Crypto Dinner: $1M Per Seat, $394M in Total
A Million-Dollar Meal
220 crypto holders are dining with President Trump at his D.C. golf club after winning a contest tied to his cryptocurrency, $TRUMP. Entry wasn’t cheap—winners spent a combined $394 million, averaging nearly $1.8 million per seat. Top participants spent over $10M, while the lowest invested around $55K.
The $TRUMP Token
The $TRUMP coin, owned 80% by Trump-linked firms CIC Digital and Fight Fight Fight LLC, saw massive activity. In the first two days after the contest launch, nearly $900,000 was generated in transaction fees alone. While the dinner was promoted as non-fundraising, Trump’s businesses benefit directly from token trades and hosting the event at his own venue.
Foreign Players in a U.S. Contest
Crypto analyst Molly White found that 72% of the winning wallets appear to belong to foreign nationals, many using non-U.S. exchanges. While U.S. law bars foreign campaign donations, buying tokens doesn’t fall under those rules, exposing a legal loophole.
Ethics Under Fire
Critics argue this goes beyond previous conflicts of interest, monetizing political access through cryptocurrency. Yet, the president is largely exempt from federal conflict-of-interest laws, allowing Trump to profit while holding office.
A New Form of Political Currency?
The dinner highlights a shift: political influence may now be earned through blockchain wallets. For many, it’s a bold leap into digital-age campaigning; for others, it raises deep questions about ethics, access, and foreign influence.
#DinnerWithTrump
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