The post $TRUMP News Today: Trump’s $148M Meme Coin Dinner Sparks Global Buzz and Legal Heat appeared on BitcoinEthereumNews.com.

In what’s being dubbed one of the most extravagant political-crypto crossovers in history, President Donald Trump hosted a black-tie dinner for top $TRUMP meme coin investors at his Virginia golf club on Thursday. With Marine One landing dramatically on the greens, crypto billionaires in tuxedos, and the presidential seal displayed at the podium, the event blended high finance with political spectacle. But behind the glamor, the gala has triggered serious legal and ethical questions—ranging from misuse of official insignia to potential violations of federal bribery and foreign influence laws. A Lavish Affair with Legal Implications Held at Trump National Golf Club on May 22, the exclusive gala brought together 220 top investors of the $TRUMP meme coin, who collectively spent an estimated $148 million to secure their seats at the black-tie event. While the night featured filet mignon, halibut, and presidential fanfare, it’s now under investigation for potentially breaching federal law. A newly released video shows that Trump’s crypto dinner used the presidential seal, contradicting claims it was held on his personal time. Source: Really American via X At the center of the controversy is Trump’s use of the official U.S. presidential seal during his speech at the private gathering. According to U.S. law, the presidential seal cannot be used in a way that implies government endorsement or is leveraged for personal gain. Violations could result in fines or up to six months in jail. “The use of the presidential seal at a crypto fundraiser raises serious ethical and legal questions,” said Sen. Richard Blumenthal (D-CT), who called the dinner “an unprecedented pay-to-play scheme.” Foreign Influence and Emoluments Concerns Even more alarming to some lawmakers is the international makeup of the guest list. Blockchain data and social media posts suggest that more than half of the attendees were based outside…

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Filed under: News - @ May 25, 2025 6:26 am