🚨 Trump’s Crypto Scandal: Gala Dinner for Memecoin Investors Sparks Impeachment Uproar!
🔥 What’s Happening:
President Donald Trump is facing backlash after offering a private gala dinner and exclusive VIP perks to major investors in his memecoin, TRUMP.
Senator Jon Ossoff argues this behavior crosses ethical boundaries — and could warrant impeachment proceedings.
🧩 Key Details:
➡️ The top 220 holders of the TRUMP token are invited to a gala at Trump’s Virginia golf club on May 22.
➡️ The top 25 investors will receive VIP treatment and a White House tour.
➡️ Following the announcement, the TRUMP memecoin surged 40%, skyrocketing Trump’s crypto holdings — with his team controlling 80% of the supply, now valued at $10.8 billion.
➡️ Critics say this creates serious conflict of interest concerns and paves the way for potential bribery.
⚖️ Ossoff’s Critique:
"Using a memecoin to sell access to the president — and directly profiting from it — is absolutely an impeachable offense," said Ossoff, highlighting the threat this poses to public trust.
🧠 Why It Matters:
Under U.S. law, a president can be impeached for treason, bribery, or other major crimes.
While impeachment is unlikely right now (due to Republican control of the House), the scandal intensifies the debate over ethics in crypto and government.
🌍 Bigger Picture:
Trump has pledged to make America a "Bitcoin superpower," advocating for pro-crypto regulation and policies.
However, his deep personal investments in crypto ventures — from stablecoins and ETFs to mining and now memecoins — have drawn criticism from leading voices like Vitalik Buterin, who warn of major conflicts of interest.