🚨 Trump’s Crypto Scandal: Gala Dinner for Memecoin Investors Triggers Impeachment Calls
🔥 What’s Happening:
President Donald Trump is facing backlash after offering a private gala dinner and VIP perks to top investors in his own memecoin, TRUMP.
Senator Jon Ossoff has called the move a serious breach of ethics — and suggested it could be grounds for impeachment.
🧩 The Full Story:
• The top 220 holders of the TRUMP token are invited to a gala dinner at Trump’s golf course in Virginia on May 22.
• The top 25 investors will receive VIP access, including a tour of the White House.
• Following the announcement, the memecoin surged 40% in value, dramatically boosting Trump’s crypto wealth — with his team controlling 80% of the token supply, now valued at approximately $10.8 billion.
• Critics argue that the event creates a dangerous conflict of interest and opens the door to potential backdoor bribery.
⚖️ Senator Ossoff’s Response:
“Selling access to the president through a memecoin that financially benefits him is absolutely an impeachable offense,”
Ossoff said, accusing Trump of “directly enriching himself” and warning that it erodes public trust in the U.S. government.
🧠 The Bigger Concern:
Under U.S. law, a president can be impeached for treason, bribery, or other high crimes and misdemeanors.
While an actual impeachment is unlikely right now — given that Republicans control the House — the controversy has intensified scrutiny around the growing entanglement between crypto and political power.
🌍 Wider Context:
Trump has been actively promoting cryptocurrency, pledging to make the U.S. a “Bitcoin superpower” by appointing pro-crypto regulators and supporting crypto-friendly legislation.
However, his personal financial interests in crypto — including ties to stablecoins, ETFs, mining ventures, and now memecoins — have raised major ethical concerns.
Even Ethereum co-founder Vitalik Buterin has warned about the risks of these conflicts of interest.
