US EditionRaskin investigating Trump meme coin event
- Rep. Jamie Raskin is investigating President Donald Trump's May 22 crypto dinner at his golf club near Washington, D.C., attended by top investors in the $TRUMP meme coin.
- Raskin wrote to Trump demanding the release of attendees' names and funding sources due to concerns about foreign nationals possibly buying $TRUMP tokens via offshore exchanges.
- The dinner involved 220 investors who spent millions, with 161 likely foreign nationals, while entities tied to Trump controls 80% of the 1 billion coin supply and profits from sales.
- Raskin described the event as one of many concerning schemes profiting from the presidency and cautioned that it might violate the Constitution's Emoluments Clause.
- The investigation highlights potential conflicts between Trump's official role and private interests, prompting calls for transparency amid concerns about foreign influence and illegal activities.
35 Articles
35 Articles
Trump under scrutiny over alleged corruption
Opponents of Donald Trump have accused the US president and his family of using the presidency to enrich themselves. A recent dinner for wealthy crypto investors at Trump's Virginia golf course is just the latest in a series of events driving the claims of corruption.
Top judiciary Democrat Raskin investigating Trump meme coin gala
The top Democrat on the House Judiciary Committee is opening an investigation into President Donald Trump’s gala that was billed as the “most exclusive invitation in the world.” The 220 attendees spent a total $148 million to be at the dinner with the president, and Rep. Jamie Raskin, D-Md., wants to know who they are. Trump hosted a May 22 dinner for the top 220 holders of his cryptocurrency meme coin. In addition, the top 25 holders were given…
Democrats struggle to check Trump moves on plane, meme coin
Democrats find themselves in familiar powerless territory when it comes to trying to stop President Donald Trump from what they see as potential violations of a constitutional clause meant to prevent presidents from accepting gifts or other items of value from foreign countries without the consent of Congress. During Trump’s first term, members of Congress sought to have the courts help them enforce the Foreign Emoluments Clause when it came to …
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