Probe Into Trump Memecoin Dinner and Foreign Ties

House Judiciary Committee’s top Democrat, Rep. Jamie Raskin, has launched an investigation into President Donald Trump’s private dinner for $TRUMP memecoin investors, seeking the names of attendees and the sources of their investment. Concerns have risen that 73% of the 220 attendees are likely foreign nationals, with some spending between $1.25 million and $16 million for VIP access through offshore exchanges that block U.S. users. Raskin points out that federal law prohibits officials from accepting gifts from foreign entities without congressional approval, raising questions about potential foreign influence or criminal involvement. The investigation also examines whether the Trump team has verified the origin of the funds. Financial benefits from the memecoin accrue to Trump family businesses rather than campaign entities, bypassing traditional fundraising disclosures. This controversy coincides with Trump Media & Technology Group’s plan for a large-scale Bitcoin purchase, further highlighting the intersection of Trump’s business and political interests.