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  • 7 months ago
Crypto whales from across the globe have secured their seats at a private dinner with Donald Trump, scheduled for May 22 at his Virginia golf club, according to CNBC. Blockchain data reviewed by CNBC shows that many top Trump token holders use international exchanges like Binance, suggesting they are likely not U.S. citizens. Bloomberg found that 19 of the top 25 wallets are almost certainly controlled by individuals outside the U.S. The Trump token is largely controlled by the Trump Organization and has become central to Trump’s growing crypto ventures. It launched in January and quickly reached a $15 billion market cap, driven by Trump’s social media promotion.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Crypto whales from across the globe have secured their seats at a private dinner with Donald Trump,
00:08scheduled for May 22nd at his Virginia Golf Club.
00:12Blockchain data reviewed by CNBC shows that many top Trump token holders
00:17use international exchanges like Binance, suggesting they are likely not U.S. citizens.
00:24Bloomberg found that 19 of the top 25 wallets are almost certainly controlled by individuals outside the U.S.
00:32The Trump token is largely controlled by the Trump organization
00:36and has become central to Trump's growing crypto ventures.
00:40It launched in January and quickly reached a $15 billion market cap,
00:46driven by Trump's social media promotion.
00:49For all things money, visit Benzinga.com slash GSTV.
00:54For all things money, visit Benzinga.com slash GSTV.
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