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A Helicopter, Halibut, and ‘Y.M.C.A’: Inside Donald Trump’s Memecoin Dinner
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A Helicopter, Halibut, and ‘Y.M.C.A’: Inside Donald Trump’s Memecoin Dinner

by admin May 23, 2025


As US president Donald Trump left the stage at his golf club near Washington, DC, on Thursday night, he pointed to the crowd, brought his index finger to his temple—as if to say: You know what’s coming—then began to dance. To the beat of “Y.M.C.A” by The Village People, Trump shimmied, gyrated, and pumped his arms above his head.

Looking on were more than 200 people who had been invited to the Trump National Golf Club for a private gala dinner. They had won their seats by purchasing large quantities of Trump’s own crypto coin—TRUMP—some holding millions of dollars’ worth.

Courtesy of Sky/LuckyFuture.ai

On the menu for the evening was pan-seared halibut with a citrus reduction, a filet mignon with demi glaze—and, the attendees hoped, a chance to speak to the US president. Four of the guests agreed to tell WIRED about their experience.

By late afternoon, the dinner guests had started to filter through the gates of the golf club. By comparison to Trump’s previous banquets, thronging with DC insiders and members of the Silicon Valley elite, the crypto dinner attracted a mismatched collection of oddballs: independent traders rubbed shoulders with crypto executives, die-hard Trump fans, and even professional sports stars—former NBA player Lamar Odom towered overhead. A handful wore bowties in Bitcoin orange; others sported gold Trump sneakers.

Just after 7 pm, the dinner guests gathered at the window to watch Trump descend in Marine One, his presidential helicopter. A short while later, he appeared from behind a blue velvet curtain to whoops and applause from the crowd. Had they seen the helicopter, Trump asked. “Yeah, super cool!” somebody yelled.

From behind a lectern at one end of the dining room, backdropped by four US flags, Trump delivered a characteristically winding and digressive speech that sources say lasted around 25 minutes. At some point, he got round to crypto.

“We’ve got some of the smartest minds anywhere in the world right here in this room,” said Trump. “You believe in the whole crypto thing. A lot of people are starting to believe in it … This is really something that may be special—who knows, right? Who knows—but it may be special.”

When Trump first promoted his memecoin in January, three days before the inauguration, the limited amount released into circulation rose in value to $14 billion. The remaining 80 percent of the supply is controlled by CIC Digital LLC—a subsidiary of a conglomerate owned by the Trump family—and Fight Fight Fight LLC, formed by longtime Trump ally Bill Zanker. With little more than a social media post, Trump had added billions of dollars to his paper net worth. (The value of the circulating coins has since slumped to roughly $3 billion.)

The team behind the TRUMP coin announced the presidential dinner for the top 220 holders on April 23, promising the top 25 a close-quarters reception with Trump. The attendees would be selected based on who had held the most coins and kept them the longest between the announcement date and May 12, the website explained.



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May 23, 2025 0 comments
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GameFi Guides

Trump’s Meme Coin Dinner Draws Protests Calling For End to ‘Crypto Corruption’

by admin May 23, 2025



In brief

  • Protesters carried signs like “Grift Gala” and “America is not for sale” as Trump dined with $TRUMP token holders.
  • The protest event was organized by Americans for Tax Fairness, Public Citizen, and Our Revolution.
  • Ahead of the dinner, democrats introduced a bill banning presidents from crypto ownership while serving their terms.

More than a hundred protestors gathered Thursday outside Trump National Golf Club in Sterling, Virginia, as President Donald Trump hosted a controversial private dinner for top holders of his meme cryptocurrency, $TRUMP.

Demonstrators waved placards reading “Stop Crypto Corruption” and chanted “Shame!” as the president arrived.

One group hoisted a giant golden coin bearing Trump’s scowling face, drawing attention to what they labeled a “Grift Gala”.

The protest was coordinated by advocacy groups, including Americans for Tax Fairness, Public Citizen, and Our Revolution, which denounced the event as political influence for sale.

“Trump is openly selling influence through his meme coins while selling out Medicaid to pay for tax cuts for his rich donors. It’s beyond corrupt,” said Our Revolution in a statement on X.

The White House press office has been contacted for comment.

The backlash adds to mounting scrutiny over Trump’s embrace of digital assets, which critics say blurs ethical lines between public office and personal gain. 

The dinner was held for the top 220 investors in the $TRUMP token, a meme coin launched by the president in January. According to organizers, the top 25 holders will also attend a cocktail reception Friday evening.

The complete guest list has not been disclosed. Confirmed attendees include crypto mogul Justin Sun, who was previously under U.S. investigation for his crypto dealings. 

Lamar Odom, the former NBA star and ex-husband of Khloé Kardashian, was also spotted entering the event.

Press access to the event was denied, and White House officials declined to release the attendee list as the president is “attending it in his personal time.”

As Trump and his family’s crypto ventures mount, legislators are seeking to temper his ability to profit from crypto hype he is in part driving himself. 

Ahead of the gala, Rep. Maxine Waters (D-CA) introduced the “Stop TRUMP in Crypto Act of 2025,” barring sitting presidents and close relatives from owning or profiting from cryptocurrencies.

“Enough is enough,” Waters previously said in a statement shared with Decrypt. “Congress can no longer ignore the biggest scam and abuse of power in American history.”

Criticism has also emerged from within the crypto community. Some developers and investors warned that Trump’s direct entanglement in meme coins damages legitimacy and invites regulatory blowback.

Edited by Sebastian Sinclair

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May 23, 2025 0 comments
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Democrats propose crypto ban for politicians, protest outside Trump’s memecoin gala
GameFi Guides

Democrats propose crypto ban for politicians, protest outside Trump’s memecoin gala

by admin May 23, 2025



Just hours before President Donald Trump’s high-profile gala for holders of his memecoin, Democratic lawmakers moved to curb what they call rising “crypto corruption” in Washington.

Led by Rep. Maxine Waters, 15 House Democrats introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025.” 

The bill would prohibit the president, vice president, members of Congress, and their immediate families from owning, promoting, or profiting from digital assets while in office. 

Lawmakers would also be barred from holding crypto assets in ways that allow them to exert unilateral control over the tokens.

“Trump’s crypto con is not just a scam to target investors,” Waters said in a statement. “It’s also a dangerous backdoor for selling influence over American policies to the highest foreign bidder.”

The legislation arrives amid a wave of criticism surrounding Trump’s deepening ties to crypto. The president and his wife, Melania, recently launched personal memecoins. 

Trump’s family has also backed a stablecoin through the crypto firm World Liberty Financial, and his sons are linked to a Bitcoin mining venture. 

Blockchain records indicate that Justin Sun, founder of Tron and a Chinese national, is one of the largest holders of TRUMP (TRUMP) — the memecoin that serves as a ticket to Thursday night’s dinner.

Protests outside the gala

The exclusive gala, hosted at Trump’s golf club in Virginia, invites the top 220 $TRUMP holders — some of whom spent between $55,000 and nearly $38 million in tokens to secure an invitation. 

Critics, including Sen. Richard Blumenthal, accuse Trump of “auctioning” access to the White House and potentially violating the Constitution’s ban on foreign gifts.

Protests are happening outside the event. Senators Chris Murphy, Elizabeth Warren, and Jeff Merkley, along with Rep. Sam Liccardo and advocacy groups, are calling out Donald Trump’s upcoming “meme coin” fundraising dinner as a threat to national security and a potential corruption risk, according to a note shared with crypto.news.

At a press conference today, the group demanded the release of attendee names and any promised favors. Murphy also promoted his recently introduced MEME Act, aimed at curbing digital asset profiteering by public officials.



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May 23, 2025 0 comments
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Jesse Hamilton
NFT Gaming

Trump’s Memecoin Dinner Draws Crowded Cast of Democratic Protesters from Congress

by admin May 22, 2025



As President Donald Trump’s biggest memcoin buyers such as Tron founder Justin Sun bask in his attention over dinner on Thursday, Democratic lawmakers and advocacy groups have arrayed a series of protests and complaint sessions to decry the president’s crypto event as fundamentally corrupt.

Trump will host his dinner for more than 200 of his leading memecoin investors, whose money will fill the coffers of the president’s own business entities. They’ve reportedly been invited to his capital-area golf course, the Trump National Golf Club Washington, D.C., outside of which the memecoin buyers may encounter protesters.

Some of the counter-programming for his dinner will start earlier in the day in front of the Capitol Building. At 12:45 p.m., Representative Maxine Waters, the top Democrat on the House Financial Services Committee, will round up other lawmakers in front of the House steps to rail against Trump, accusing him of abusing his White House powers to “shamelessly promote and profit from a series of crypto ventures tied to himself and his family,” according to a notice about the event.

Waters will also introduce a new messaging bill “to block Trump’s memecoin and stop his crypto corruption, once and for all.” The legislation, which is unlikely to make headway in a Republican-majority Congress, would ban presidents, vice presidents, members of Congress and their families from “engaging in similar crypto crime.”

It’s the same type of ban that Democrats had been seeking to insert into crypto legislation, but Republicans have declined to let Trump-targeting language into the current digital assets bills, including the Senate stablecoin effort getting close to the finish line.

Later on Wednesday at 2:30 p.m., another press conference of Democratic lawmakers will feature Senators Chris Murphy and Elizabeth Warren, both of whom have been prominent in congressional criticism against Trump’s crypto actions. Murphy had introduced his own bill with a similar aim to Waters’, the Modern Emoluments and Malfeasance Enforcement (MEME) Act to stop federal officials from using their positions to profit from digital assets.

That event — also outside the Capitol — will additionally feature Senator Jeff Merkley, who also intends to join an evening protest right outside Trump’s golf course, hosted by progressive groups under the banner of Our Revolution. The message of the “America Is Not For Sale” rally is to push back on “a blatant example of political access being sold to the highest bidder,” according to the group.

The guest list for the memecoin dinner hasn’t been made public, but analysis of the buying of those coins suggest that the biggest spenders devoted millions for the privilege of joining the president at the event. The attendees’ anonymity is part of the problem, according to critics, who say that foreign buyers are gaining access to the president without the knowledge of the public.

Debate over the president’s crypto ties temporarily delayed progress on the U.S. stablecoin legislation meant to set up rules for domestic issuers, but the bill got back on track this week to clear an important procedural hurdle in the Senate on Monday.

Trump’s team has downplayed accusations of corruption. White House official Bo Hines said last week at CoinDesk’s Consensus 2025 conference in Toronto that the Trump family’s crypto ventures do not pose conflicts of interest, and they have “the right to engage in capital markets.”

Read More: Justin Sun Emerges as Donald Trump Memecoin’s Top Holder With $21.9M Stake



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May 22, 2025 0 comments
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