Trump Hosts Cryptocurrency Dinner, Sparked Corruption Concerns
Former U.S. President Donald Trump recently hosted a VIP dinner for the first 220 holders of his "Trump Coin" (TRUMP) at a golf course in Virginia, with an entry fee of up to $148 million. The event attracted several prominent figures from the cryptocurrency industry but also sparked controversies regarding corruption and foreign influence.
Controversial Background of Attendees
Many attendees were foreign cryptocurrency executives, who typically have limited access to the U.S. President. The White House refused to disclose the guest list, stating it was a private event of Trump, which further intensified public concern. Some attendees shared details about the event:
Justin Sun: Founder of Tron, holds a large amount of TRUMP coins, and received a watch as a gift. He was previously sued by the U.S. SEC, but the case has recently been put on hold.
Kain Warwick: Founder of iFinex, hopes to take the opportunity to discuss cryptocurrency regulation, especially DeFi (Decentralized Finance).
Vincent Liu: Executive at Kronos Research, stated that holding TRUMP coins was an "unprecedented opportunity to meet the President."
Lamar Odom: NBA star, took the opportunity to promote his anti-addiction-themed Meme coin (ODOM).
Sangrok Oh: CEO of a Korean cryptocurrency company, attended wearing a hat that read "Make Cryptocurrency Great Again."
Additionally, some anonymous cryptocurrency traders attended, with some expressing mere curiosity and jokingly asking, "Will there be McDonald's?"
Protesters Criticize "Pay-to-Play"
Outside the venue, protesters shouted "Shame!", accusing Trump of "selling presidential influence." U.S. Senator Jeff Merkley criticized that the government should not be used for personal gain.
A Crucial Moment for the Cryptocurrency Industry
Currently, the U.S. Congress is discussing multiple cryptocurrency regulatory bills, and Trump's close relationship with the crypto industry could influence the legislative process. Democrats have introduced anti-corruption amendments, attempting to limit politicians from profiting through cryptocurrency.
This dinner has reignited discussions about the relationship between money and politics in the U.S., with many questioning: Has cryptocurrency become the new "political donation"?
