MDC 7,192 Posted Friday at 02:05 PM Trump hosts crypto gala, drawing praise, protests, and ethics concerns United States President Donald Trump hosted an exclusive dinner on May 22 at his Northern Virginia golf club, gathering 220 of the top investors in his newly launched cryptocurrency, $TRUMP, for a lavish affair that blurred the lines between presidential duty, personal profit, and political power. The event, touted by organisers as “the most exclusive invitation”, came just months after the debut of the Trump-themed memecoin, which skyrocketed in value upon release but has since dropped nearly 80 per cent from its peak. Still, the coin has enriched Trump and his business affiliates, with blockchain data indicating over $300 million in trading fees flowing to insiders and as much as $10 billion in paper value from retained coin reserves. Protesters decry “crypto corruption”. Held behind closed doors with no media access, the crypto gala drew fierce protests outside the gates of Trump National Golf Club. Around 100 demonstrators, joined by lawmakers like Sen. Jeff Merkley (D-Ore.), carried signs reading “Stop crypto corruption” and “America isn’t for sale.” According to video clips on X, Merkley called the dinner “the Mount Everest of corruption”, highlighting concerns about selling access to the presidency through financial speculation. Notably, a number of international investors attended the event, including Tron founder Justin Sun, who has invested over $90 million in Trump-linked ventures and remains under investigation by the US regulators for market manipulation. According to media reports, while the White House insisted Trump attended “in his personal capacity”, he addressed guests from a podium bearing the presidential seal and pledged to make the US “the crypto capital of the world”. A ranking leaderboard used to determine who could attend the dinner and a private reception with Trump encouraged investors to acquire and hold large quantities of $TRUMP. Some guests used pseudonyms to secure their spot, raising transparency concerns. Crypto, power, and profit collide The $TRUMP coin, described by its creators as “a way for Trump supporters to have fun,” has evolved into a high-stakes political asset. Beyond the dinner, the top four investors also received $100,000 Trump-branded watches. Trump family members, including Donald Jr. and Eric Trump, have launched related ventures, such as crypto mining operations and a stake in World Liberty Financial, which has attracted billions from foreign sovereign funds, notably the UAE. The Trump Organization, through entities like CIC Digital, holds significant shares of $TRUMP and profits from every transaction. A blockchain analysis by Chainalysis estimates more than $320 million has already been generated in fees. The president's embrace of crypto marks a stark reversal from his earlier stance. In 2019, Trump called cryptocurrencies “based on thin air” and a haven for illegal activity. But after the crypto industry pledged financial backing for his reelection campaign, Trump has become a vocal advocate, signing executive orders to reduce crypto regulations and even creating a Strategic Bitcoin Reserve. While crypto insiders cheer the Trump administration’s policies, including paused lawsuits from the Securities and Exchange Commission, some in the industry have expressed unease. The future of crypto As Congress pushes ahead with the GENIUS Act and other pro-crypto legislation, Trump’s personal involvement in digital assets threatens to cloud policy decisions with perceived conflicts of interest. Watchdog groups and ethics scholars have raised alarms about foreign money flowing into projects tied directly to the Trump family, while critics question the true motivations behind regulatory shifts. White House press secretary Karoline Leavitt defended the dinner, stating that the president’s assets are in a blind trust managed by his children and that the administration has “nothing to do” with the $TRUMP coin. Still, the visual of a sitting president promoting a personal financial product, especially one tied to speculative investment and foreign backers, has sparked national debate over the future of money, politics, and presidential ethics. As guests departed the club with Trump hats and raffle prizes, and the president lifted off in a military helicopter, the evening cemented a defining characteristic of the Trump era: the merging of spectacle, power, and private enterprise—now on the blockchain. Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 02:10 PM I was not invited. Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:11 PM 1 minute ago, Engorgeous George said: I was not invited. You didn’t fund Trump Family scamcoin with a few million! Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:12 PM Remember when Clinton was renting out duh Lincoln bedroom!!!11! Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 02:15 PM 1 minute ago, thegeneral said: You didn’t fund Trump Family scamcoin with a few million! No, and even had I there is apparently lingering resentment by Trump over that incident where Melanias panties ended up in my pickup truck on Inauguration eve. Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 02:19 PM 3 minutes ago, Engorgeous George said: No, and even had I there is apparently lingering resentment by Trump over that incident where Melanias panties ended up in my pickup truck on Inauguration eve. Full disclosure, she thought she was getting a ride to Diddy's party. Where she got that impression I do not know. Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:21 PM 4 minutes ago, Engorgeous George said: No, and even had I there is apparently lingering resentment by Trump over that incident where Melanias panties ended up in my pickup truck on Inauguration eve. Stroke a check to Trump Inc and that will be joked about in the locker room at Bedminster over some Scotch. Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 02:24 PM 3 minutes ago, thegeneral said: Stroke a check to Trump Inc and that will be joked about in the locker room at Bedminster over some Scotch. I was under the impression that Trump does not drink. Difficult to trust such a man. 2 Share this post Link to post Share on other sites
jbycho 664 Posted Friday at 02:27 PM The libtards a seriously broken. 1 1 Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:29 PM 3 minutes ago, Engorgeous George said: I was under the impression that Trump does not drink. Difficult to trust such a man. Agreed! But for a few million you are dealing with Eric or maybe a cousin. 100 mil gets you the company of Diaper Don and yeah he’ll be drinking a Diet Coke. Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 02:31 PM 1 minute ago, thegeneral said: Agreed! But for a few million you are dealing with Eric or maybe a cousin. 100 mil gets you the company of Diaper Don and yeah he’ll be drinking a Diet Coke. Frankly, for party time I would rather hang with Hunter Biden. 1 Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:34 PM 1 minute ago, Engorgeous George said: Frankly, for party time I would rather hang with Hunter Biden. He’d come at a bigger discount. Are you sure your heart is ready for that? Share this post Link to post Share on other sites
jbycho 664 Posted Friday at 02:37 PM 7 minutes ago, thegeneral said: Agreed! But for a few million you are dealing with Eric or maybe a cousin. 100 mil gets you the company of Diaper Don and yeah he’ll be drinking a Diet Coke. Poor gutterboy doesn't trust Trump. Dumbass liberals.... Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 02:43 PM Peefoam. Stick to threads about wanking off to trannies! 1 Share this post Link to post Share on other sites
Fnord 2,104 Posted Friday at 02:53 PM 20 minutes ago, Engorgeous George said: I was under the impression that Trump does not drink. Difficult to trust such a man. Troof! 16 minutes ago, thegeneral said: Agreed! But for a few million you are dealing with Eric or maybe a cousin. 100 mil gets you the company of Diaper Don and yeah he’ll be drinking a Diet Coke. The diet coke is assuredly a cocktail of amphetamines and adderall. 15 minutes ago, Engorgeous George said: Frankly, for party time I would rather hang with Hunter Biden. Sasha and Malia down? I hear they're ganja enthusiasts now. What about the Bush sisters? They seemed fun (and maybe loose) backinaday. Share this post Link to post Share on other sites
MDC 7,192 Posted Friday at 03:36 PM Where muh MAGAs at? Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 03:39 PM Just now, MDC said: Where muh MAGAs at? muh Hunter Biden payments to the big guy! Share this post Link to post Share on other sites
Fnord 2,104 Posted Friday at 04:19 PM The lack of whatabouts in this thread is kinda surprising. MAGA must be getting an early start on glue huffing over the holiday weekend. Or the RWM hasn't sent down the talking points yet. Share this post Link to post Share on other sites
supermike80 1,851 Posted Friday at 04:22 PM I need more info on this. This article just speculates, as the media will do. And the media will always speculate negatively when it comes to Trump. So without more than this clearly biased article, I can't honestly react to this...yet Share this post Link to post Share on other sites
MDC 7,192 Posted Friday at 04:24 PM 1 minute ago, supermike80 said: I need more info on this. Of course you do dear. Share this post Link to post Share on other sites
jbycho 664 Posted Friday at 04:25 PM Never take stock in anything posted by a liberal. Especially an old angry moron like mdc guy. Best advise ever. Share this post Link to post Share on other sites
MDC 7,192 Posted Friday at 04:26 PM 5 minutes ago, Fnord said: The lack of whatabouts in this thread is kinda surprising. MAGA must be getting an early start on glue huffing over the holiday weekend. Or the RWM hasn't sent down the talking points yet. The POTUS is openly selling access to the White House to foreigners. What are they going to say? Share this post Link to post Share on other sites
Fnord 2,104 Posted Friday at 04:28 PM 2 minutes ago, supermike80 said: I need more info on this. This article just speculates, as the media will do. And the media will always speculate negatively when it comes to Trump. So without more than this clearly biased article, I can't honestly react to this...yet Maybe this will help. It only covers his first term, but there were court cases against him for enriching himself while in office, which is expressly forbidden in the constitution. The grift in his second term is making his first term look like a picnic at a nunnery in comparison. Share this post Link to post Share on other sites
Fnord 2,104 Posted Friday at 04:30 PM 4 minutes ago, MDC said: The POTUS is openly selling access to the White House to foreigners. What are they going to say? You've been around long enough to know that there is nothing Trump can do that they cannot ignore, whitewash, or wishcast away. Share this post Link to post Share on other sites
MDC 7,192 Posted Friday at 04:33 PM 1 minute ago, Fnord said: You've been around long enough to know that there is nothing Trump can do that they cannot ignore, whitewash, or wishcast away. I assumed Whataboutism with a mix of attacking the messenger. Maybe this one is just obvious enough that the Trumpers don’t want to sign their name to it. Share this post Link to post Share on other sites
Fnord 2,104 Posted Friday at 04:37 PM 3 minutes ago, MDC said: I assumed Whataboutism with a mix of attacking the messenger. Maybe this one is just obvious enough that the Trumpers don’t want to sign their name to it. That suggests Trumpers may possess self awareness or feelings of shame. Share this post Link to post Share on other sites
Maximum Overkill 1,822 Posted Friday at 05:09 PM 3 hours ago, MDC said: Protesters decry “crypto corruption”. Held behind closed doors with no media access, the crypto gala drew fierce protests outside the gates of Trump National Golf Club. Around 100 demonstrators, joined by lawmakers like Sen. Jeff Merkley (D-Ore.), carried signs reading “Stop crypto Arrested these violent thugs immediately!!! Share this post Link to post Share on other sites
Engorgeous George 2,215 Posted Friday at 05:12 PM 2 hours ago, Fnord said: Troof! The diet coke is assuredly a cocktail of amphetamines and adderall. Sasha and Malia down? I hear they're ganja enthusiasts now. What about the Bush sisters? They seemed fun (and maybe loose) backinaday. Bush girls were drunken tramps with low self-esteem. They would ahve been good hunting. Obama's kids, well we are getting pretty damn young for me. Bill Clinton would have been fun to hang with if Hillary was out of town. Share this post Link to post Share on other sites
BufordT 429 Posted Friday at 09:05 PM 3 hours ago, Engorgeous George said: Bill Clinton would have been fun to hang with if Hillary was out of town. Go baby!! Share this post Link to post Share on other sites
thegeneral 3,033 Posted Friday at 09:58 PM 5 hours ago, jbycho said: Never take stock in anything posted by a liberal. Especially an old angry moron like mdc guy. Best advise ever. Head in sand Share this post Link to post Share on other sites
Tebok 367 Posted Saturday at 12:13 AM 7 hours ago, Maximum Overkill said: Arrested these violent thugs immediately!!! They carried ... SIGNS! Share this post Link to post Share on other sites
jbycho 664 Posted Saturday at 12:14 AM 1 minute ago, Tebok said: They carried ... SIGNS! Poor Rusty. He's hurting.. Share this post Link to post Share on other sites
Tebok 367 Posted Saturday at 12:18 AM Quote You've chosen to ignore content by jbitcho. Options Share this post Link to post Share on other sites
jbycho 664 Posted Saturday at 12:22 AM 3 minutes ago, Tebok said: This is too easy. Rusty is really hurting. Share this post Link to post Share on other sites
Tebok 367 Posted Saturday at 01:21 AM Quote You've chosen to ignore content by jbitcho. Options Share this post Link to post Share on other sites
jbycho 664 Posted Saturday at 01:31 AM 9 minutes ago, Tebok said: Rusty is so broken. Share this post Link to post Share on other sites
thegeneral 3,033 Posted Saturday at 05:55 PM Just using the office as a prop to get millions. His press secretary lied about this BTW Share this post Link to post Share on other sites
