๐๐ซ๐ฎ๐ฆ๐ฉโ๐ฌ $๐๐๐๐๐ ๐๐ข๐ง๐ง๐๐ซ ๐๐ฉ๐๐ซ๐ค๐ฌ ๐๐๐๐ค๐ฅ๐๐ฌ๐กโ๐๐ซ๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐๐๐๐ฅ ๐๐ฌ๐ ๐๐๐ฒ ๐๐ซ๐๐๐ค ๐ ๐๐๐๐ซ๐๐ฅ ๐๐๐ฐ
โ๏ธ Former President Trump is under fire after using the official presidential seal while addressing $TRUMP meme coin investors during a private dinner at Trump National Golf Club in Virginia.
โ๏ธ Federal law prohibits the seal's use in any setting that falsely implies government endorsement or sponsorship. Penalties can include fines or up to 6 months in jail.
โ๏ธ Despite this, Trump stood behind a lectern adorned with the seal while promoting his crypto project to 220 top investorsโa group thatโs collectively invested $148M into the $TRUMP coin, per Inca Digital.
โก๏ธ Karoline Leavitt, the White House press secretary, deflected conflict-of-interest concerns, saying it was a private event on Trumpโs own time, not hosted by the White House.
โ๏ธ Sen. Chris Murphy slammed the event, warning it allowed foreign billionaires to directly lobby the President. Attendees included:
Justin Sun (TRON founder, SEC-sued)
Lamar Odom (former NBA star)
Sangrok Oh (Korean crypto exec)
Vincent Liu (Taiwanese investor)
โ๏ธ Top 25 investors even received a special tour and VIP reception, and Sun reportedly gave a speech after investing over $40M in $TRUMP.
Crypto Meets Controversy:
Trumpโs embrace of meme coins has taken a legal and ethical twist. With foreign money, government symbols, and personal profit colliding, questions of legality and transparency are heating up fast.
Will the seal scandal impact Trumpโs crypto momentumโor fuel it further?