🚨TRUMP Memecoin: Foreign Whales, Secret Dinners & Political Fire
According to Bloomberg, a staggering 76% of the top holders of Donald Trump’s $TRUMP memecoin used foreign crypto exchanges to buy their way into a chance at having dinner with the former — and possibly future — U.S. President.
The catch? These platforms are technically supposed to block U.S. users. That raises one big question: Who are these whales — and what do they want?
The investigation, published May 7, 2025, throws more fuel on the fire already surrounding Trump’s crypto empire. The Senate, led by Democrat Richard Blumenthal, is now formally probing possible ethics violations, foreign influence, and pay-for-access schemes. Among the targets: Fight Fight Fight LLC, World Liberty Financial, and the now-infamous $2 billion MGX/Stablecoin USD1 deal.
Accountable.US, a nonprofit watchdog, has demanded Trump disclose his crypto backers. “Americans deserve to know if foreign interests are buying influence with a presidential candidate,” the group said.
Meanwhile, market analysts remain split: Is this just another memecoin circus — or a coordinated attempt to gamify campaign finance?
One thing is certain: the numbers are wild.
— 76% of major wallets are non-U.S. based
— Multiple addresses routed through Seychelles- and Hong Kong-linked platforms
— $TRUMP’s price has dipped sharply following media scrutiny
And this comes on the heels of another scandal: $99.6 million in insider profits traced back to wallets that bought Melania Trump’s memecoin minutes before she promoted it. That token — like many memecoins — is now down over 90%.
But here’s the real headline: If memecoins are the new front lines of politics, who’s really funding the future of power?
So, #AMAGE community:
Are we witnessing the rise of memecoin geopolitics — or just the most expensive raffle ticket in history?