Summary of President Trump's party:
On May 22, 2025, President Donald Trump hosted a luxurious dinner at the Trump National Golf Club in Virginia for 220 top investors holding the cryptocurrency $TRUMP – a memecoin associated with him.
Key points:
• Guests: 220 people holding the most $TRUMP, including billionaire Justin Sun and many foreign investors.
• Cost: On average, each person spent about 1.78 million USD to qualify for attendance.
• Notable activities:
• Private VIP party for 25 top-tier guests.
• Gifting a Trump Tourbillon watch worth 100,000 USD to the 4 largest investors.
• Purpose of announcement: To show appreciation to investors.
• Reality: Raised suspicions that Trump is exploiting his position as President for personal gain from the cryptocurrency market.
Controversy:
• The Trump family is reported to have earned over 320 million USD from memecoin.
• Many concerns about conflicts of interest and the influence of foreign investors on U.S. policy.
• Congresswoman Maxine Waters proposed the “Stop TRUMP Act” to limit government officials' participation in cryptocurrency-related activities.
Crypto Fortune
Conclusion:
The party became a focal point of controversy, raising questions about the boundary between public power and the personal interests of a head of state.