Trump’s Meme Coin Dinner Sparks Outrage From Senators Over “Orgy of Corruption”

In Brief:

Top holders of Trump’s meme coin are attending a private dinner with the president, raising transparency concerns.

Senators demand the release of the guest list, citing national security risks and influence peddling.
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A private dinner hosted by President Donald Trump for top holders of his meme coin has drawn sharp criticism from U.S. senators, who are calling the event a dangerous breach of ethical norms and a potential national security risk.

The dinner, taking place at Trump’s Washington-area golf club, is open only to the top 220 meme coin holders, with the top 25 given VIP access to speak directly with the president. Reports indicate that some of these investors have spent tens of millions of dollars on the token.

Senator Elizabeth Warren slammed the event as an “orgy of corruption,” warning that the public has “no idea who is buying access to the president” or what influence they might receive in return. Other lawmakers echoed the sentiment, pointing to the presence of figures like Justin Sun, the TRON founder currently under legal scrutiny in the U.S.

The White House has refused to release the guest list, arguing the event is part of Trump’s “personal life,” not his presidential duties. However, critics argue that the mix of crypto money and closed-door access to a sitting president represents a dangerous conflict of interest—especially with foreign investors involved.

The controversy has reignited Democratic calls to amend the GENIUS Act, a bill regulating stablecoins, to ban presidents from issuing or profiting off digital assets while in office. Trump’s own stablecoin, issued via World Liberty Financial, is central to those concerns.

“This is corruption that endangers our national security,” said Senator Richard Blumenthal, emphasizing the influence of foreign crypto exchanges on the guest list.

Congressional Democrats are also pushing for a new bill to bar presidents and their families from engaging in crypto businesses while in office, solidifying crypto ethics as a key battle line in Trump’s second term.

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