Trump’s $148 Million Meme Coin Dinner: Bad Food, Lax Security, and a Quick Exit
President Trump’s $TRUMP meme coin gala, attended by 220 high-spending guests including crypto influencers and celebrities, resulted in a 16% price drop shortly after. The event, criticized by lawmakers as fueling “crypto corruption,” raised concerns about potential conflicts of interest, especially given the involvement of SEC-charged mogul Justin Sun, the top $TRUMP holder. The gala’s lavish display contrasted with attendees’ reported disappointment, including underwhelming food and Trump’s brief 23-minute appearance. This controversy threatens to derail bipartisan stablecoin legislation, jeopardizing potential U.S. leadership in the global digital payments race.
John Q. Hosedrinker