Donald J. Trump
@realDonaldTrump
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....
Trump's crypto dinner: Black ties, a Chinese billionaire and ethics questions
WASHINGTON ― President Donald Trump dined with 220 investors who plowed a combined $148 million into his crypto venture, boosting the growing crypto industry and inviting a torrent of criticism about the ethical implications.
Black-tie dinners with the wealthy are nothing new for Trump. But this event, which took place on the evening of May 22 at his golf club in Sterling, Virginia, stood out among the annals of presidential dining.
The dinner with the president was a reward for making the leaderboard in a contest to be among the top purchasers of the $TRUMP meme coin, a type of cryptocurrency. The top 25 buyers spent more than $111 million and were granted a private VIP reception with Trump, while the top four also received a limited edition Trump Tourbillon watch that sells for $100,000.
Wealthy foreign crypto investors descend on President Trump's golf club for $148 million meme coin dinner --Reuters
Trump is hosting a private dinner for the top 220 buyers of his memecoin tonight—and even the crypto lobby is grumbling --Fortune
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