US EditionTrump to host investors in his cryptocurrency despite ethical concerns
- Donald Trump hosted a private dinner on Thursday at his Virginia golf club for 220 top investors in his $TRUMP memecoin.
- The event followed Trump's January launch of the $TRUMP memecoin and occurred amid concerns about blending presidential power with personal business interests.
- Justin Sun, a Chinese-born crypto entrepreneur currently under US investigation, is the largest investor in Trump-related crypto projects, having invested $93 million in total, including $20 million specifically in the memecoin.
- The top 25 investors received a private session with Trump and a White House tour, while critics called the gala a ‘‘blatant corruption’’ and a ‘‘back door to corruption.’'
- The event raised ethical questions about political influence via crypto investments and coincided with Senate advancement of the GENIUS Act to regulate stablecoins amid rising crypto enthusiasm.
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Trump hosts top crypto investors as industry leaders fear he's putting personal profits first
Despite the White House insisting Trump would be attending the event "in his personal time," he stood behind a lectern with the presidential seal as he touted the crypto industry.
·Tucson, United States
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Peter Schiff Says A President Shouldn't 'Sell White House Tours' And Pocket The Proceeds As Trump Prepares To Have Dinner With Memecoin Holders
Economist Peter Schiff took potshots at President Donald Trump’s exclusive dinner on Thursday with holders of his Official Trump (CRYPTO: TRUMP) meme coin.
·New York, United States
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Coverage Details
Total News Sources292
Leaning Left45Leaning Right23Center86Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 29%
C 56%
15%
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