Trump Hosts Private Dinner for Top 220 Trump Coin Holders as Part of Crypto Fundraising Push

Benzinga

President Donald Trump will host a private dinner on May 22nd at Trump National Golf Club for the top 220 holders of the Trump memecoin, according to Bloomberg. The event includes a reception and White House tour for the top 25 holders and marks Trump’s latest move into crypto fundraising. Attendees are determined by their average balance from April 23 to May 12. Critics called the dinner a pay-to-play scheme, calling it “buying influence." The Trump coin has plummeted from a $15 billion peak to $2.8 billion but surged 56% to $14.02 on Wednesday. Trump affiliates hold 80% of the supply subject to unlocks.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02President Donald Trump will host a private dinner on May 22nd at Trump National Golf Club

00:06for the top 220 holders of the Trump meme coin, according to Bloomberg.

00:10The event includes a reception and White House tour for the top 25 holders

00:13and marks Trump's latest move into crypto fundraising.

00:17Attendees are determined by their average ballots from April 23rd to May 12th.

00:21Critics slam the dinner as a pay-to-play scheme, calling it buying influence.

00:25Trump coin has plummeted from a $15 billion peak to $2.8 billion,

00:29but surged 56% to $4.02 on Wednesday.

00:34Trump affiliates hold 80% of the supply, subject to unlocks.

00:37For all things money, visit Benzinga.com slash GSTV.

Category

Transcript

Comments

Recommended