It was presented as the last crypto flex: buy enough Trump parts and you could have dinner with the man himself. Now, that’s exactly what 220 crypto whales get: a private gala with former president Donald Trump in his golf club near Washington, DC, on May 22. All they had to do was keep enough from his meme coin, long enough, To make the ranking. However, criticisms say that the Trump cryptography dinner could blur the boundaries between the collection of political funds and the promotion of digital assets.
High $ Trump The whales are sitting out of $ 174 million in chips
All for the checks of the history before the dinner of May 22 + VIP Tour with the great man himself. pic.twitter.com/lxx9icosmu
– Jesse.lsd (@jessewoodlsd) May 13, 2025
But while some celebrate, others ask very uncomfortable questions.
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How the competition worked
The configuration was simple but expensive. The 220 best portfolios holding $ Trump, weighted by time and the amount, got a dinner invitation with Trump. The first 25 obtain additional advantages, including VIP reception and behind -the -scenes access.
I just participated in the top 25 of the Trump memes competition – heading for the VIP reception dinner and gala on May 22 at the Trump National Golf Club DC, as well as a private VIP visit the next day!
Proud to support President Trump’s pro-Crypto vision. Web3 needs daring and decisive leadership to prosper … pic.twitter.com/u1h6ur2i1i– Sheldon (@sheldonbitmart) May 13, 2025
According to data on the channel, these portfolios have paid a total of $ 148 million in Trump parts during the competition. For some, it was a golden ticket. For others, A High issues that are not entirely paid.
Winners and losers
The $ $ Trump part climbed in value after the announcement of the dinner competition. In one indicate, He culminated nearly $ 75 before falling at around $ 14. This kind of volatility is normal for the course with the coins, but it struck this time.
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About 593,000 wallets have lost money since the January medal. In total, around $ 3.9 billion in losses were recorded in all areas, showing how biased the distribution.
A merchant wins a dinner. Thousands of people leave in the red. It’s crypto for you.
Trump Crypto Dinner: the ethical debate
Critics not only point to price swings. They point to the whole concept: a political figure offering private access in exchange for cryptographic participations.
Senator Richard Blumenthal has already launched an ethical investigation, asking if the Trump competition is carrying out a line between campaign gadgets and the payment program for access. After all, entering the same room as an American president or a presidential candidate is generally something that goes through many more filters than a wallet tracker.
Foreign portfolios under the spotlight
Then there is the question of who really attends. The Top $ Trump Holder is not based in the United States, it is a portfolio linked to HTX, an exchange based in Seychelles linked to the Chinese crypto entrepreneur Justin Sun.
This has raised even more eyebrows, in particular with concerns about foreign influence and national security. Some of the main portfolios have used platforms that are blocked in the United States, which means that these participants may not even be domestic citizens.
For a political dinner linked to someone who could be at the White House again next year, it is a serious red flag for certain legislators.
A meal to remember
What started as a currency promotion even flashy turned into a lightning rod for controversy. Trump’s cryptographic dinner could serve steak and shrimp, but it also serves serious questions about money, access and influence.
As the crypto deepens politics, the border between media and ethics is becoming more difficult to draw, and this event can be the clearest example to date.
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Main to remember
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Trump’s cryptographic dinner forced participants to have large amounts of Trump tokens $, with 220 portfolios having access after collectively spending $ 148 million.
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The value of the room increased after the announcement of the competition, culminating nearly $ 75 before falling at around $14, Leaving approximately 593,000 wallets in the red.
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Critics have raised ethical concerns, accusing Trump of having sold political access via a classification system based on even parts.
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Senator Richard Blumenthal launched an ethical investigation to examine whether dinner violates the finances of campaign or payment standards.
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The Top $ Trump Holder would be linked to the HTX exchange by Justin Sun, increasing flags on foreign participation and national security risks.
The position of $ 148 million later, Trump’s cryptographic dinner rises eyebrows appeared first on 99Bitcoins.
