A high-dollar gathering at President Donald Trump’s Virginia golf club, reserved for the top 220 holders of the TRUMP meme coin, has stirred ethical debates and criticism.
Attendees collectively spent as much as $394 million on the meme coin to have dinner with Trump, with prominent figures like Tron founder Justin Sun and former NBA star Lamar Odom present.
Concerns were raised over the potential for foreign influence peddling as more than half of the guests likely reside outside the U.S. and may have purchased tokens from offshore exchanges to attend.
Criticism from lawmakers like Maxine Waters and Elizabeth Warren has led to calls for transparency on attendees and access monetization, despite Trump showing support for a national Bitcoin reserve at the event.