Trump's $TRUMP Coin Dinner Sparks Corruption Uproar

Former President Donald Trump hosted a high-profile dinner at his Virginia golf club for top investors in his $TRUMP memecoin, with attendees reportedly paying upwards of $1.3 million each for access. Only the top 25 investors attended a private VIP reception, while most guests experienced minimal interaction with Trump and complained about poor food and unmet expectations. The event has been widely criticized as an example of pay-for-access politics, with Senator Elizabeth Warren and others calling it an 'orgy of corruption' and demanding investigations into ethical and regulatory concerns. Critics have also raised alarms over potential foreign investment violations and conflicts of interest stemming from the event. Trump's prominent business ties to the cryptocurrency industry have become a point of contention, with some in the crypto sector viewing them as a liability that distracts from policy objectives and regulatory progress. The incident highlights mounting tensions over the intersection of presidential influence, business interests, and the future of crypto regulation.