A recent competition that offers a chair at a dining table with former President Trump has stirred the pot, combining the enthusiasm of cryptocurrency with sharp accusations of ethical missteps. The top 220 buyers of a cryptocurrency, appropriately called $ Trump, provided this exclusive invitation, a highlight of a week -long promotion that is now confronted with control over claims of influence and enrichment of the family.
The $ Trump Munt itself, born in mid-January, quickly came to a market capitalization of more than $ 2 billion. This increase was fed by investors who piled up in the Digital Active Digital Active, whose popularity and price movements are closely viewed on platforms such as such as such as such as coins.Meme by crypto lover. Reports indicate that a company has a significant part of these coins in connection with the Trump family, together with another company.
The golden ticket: dinner with a president
The announcement came on Monday: “Congratulations, if you are in the top 220 on the Leaderboard, we will contact you … President Trump will see you on May 22 during the Gala Dinner in Washington DC” The $ Trump website has resigned the welcome mat for his greatest editions. The dinner itself is planned for the Trump National Golf Club in Virginia. For an even more selected group – the top 25 coins holders – an “Ultra -Exclusive VIP reception with the president” is also on the agenda.
Interesting is that the rules allow a stand-in. If a winning buyer cannot make it, they can nominate a family member or friend to participate in their place. Although the leaderboard of buyers is public, it only shows usernames and crypto wallet numbers, no actual names. This anonymity has argued a lot about who these high -rolling investors could be and what their motivations – politically or financially – mean.
Ethical alarms sound loudly
The broader crypto activities of the competition and Trump have Fire pulled from several directions. Democrats, ethical watchdogs and even the Securities and Exchange Commission have expressed concern about possible conflicts of interest and corruption. The dinner competition, which essentially creates a bidding war for direct access, has only strengthened these concerns.
The analysis of the Guardian of the Crypto -Portfeilles involved revealed that many top $ Trump holders foreign cryptocurrency exchanges used that limit American users. This has fueled that the Meme Munt could be a leadership for foreign entities that want to have influence. Senator Richard Blumenthal has started an ethical examination and states in a letter that “$ Trump allows everyone in the world, including foreign governments and unscrupulous individuals, and even invites the president to immediately enrich the potential payouts in the pseudonymity of the Blockchain.”
White House Defense
However, the White House claims that the policy decisions of the president will not be influenced by the auction, which Trump personally promoted to his social social platform. Pers secretary Karoline Leavitt stated last week that Trump “adheres to all conflicts of interest” with regard to his cryptocurrency companies.
A volatile ride for $ Trump investors
The trip for $ Trump Coin investors has been anything but smooth. After the launch on January 17, the price of the coin initially shot up to around $ 75. Then it experienced a sharp decrease in the coming weeks, which eventually floating near $ 12 with the end of the auction. Estimates suggest that the coin has generated more than $ 148 million With around 750,000 buyers, money has lost when trading the currency, even while the top spending has deposited millions in securing their dinner sites.
The website of De Munt itself does not frame the event in no uncertain terms: “This is a high -protection event with high protection with President Trump. If you have earned a chair at the table, it will be because you have earned it.” The controversy about how those seats were “deserved”, and on which potential costs are still developing.
