Grand Theft America / Receipt money-2025-05-23-036
Top $TRUMP memecoin holders pay to dine with the president
Roughly 220 top holders of Trump's personal $TRUMP memecoin spent a collective $148 million buying the token to win invitations to a private dinner with Trump at his Virginia golf club, with the top 25 holders spending over $111 million for an even more exclusive VIP reception.
What happened
The coin jumped more than 60% in a single day after the dinner was announced. CNN reported most top holders' identities were shielded through anonymity, and many were based overseas, including the top investor, a Chinese-born crypto entrepreneur.
Why it matters
Purchasing a president's personal cryptocurrency to buy a seat at his table is a direct, transparent pay-for-access scheme; because most large buyers were anonymous and foreign-based, it raises acute emoluments and foreign-influence concerns distinct from ordinary campaign fundraising.
Receipt details
- Sell the office
- Gift-in-kind
- $148M
