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Trump's $TRUMP Meme Coin Gala Draws Criticism Over Food, Security, and Ethics

The black-tie dinner for top investors featured a brief presidential appearance, luxury gifts, and lax vetting, raising concerns over ethical and security standards.

U.S. President Donald Trump raises a fist as he departs the White House to attend his meme coin gala at the Trump National Golf Club, in Washington, D.C., U.S., May 22, 2025. REUTERS/Evelyn Hockstein
Inside Trump's $TRUMP Meme Coin Gala
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Overview

  • President Donald Trump hosted a private dinner for the top 220 investors in his $TRUMP meme coin at his Virginia golf club on May 22, 2025.
  • Guests, who collectively invested $148 million in the cryptocurrency, included crypto influencers, industry leaders, and former NBA star Lamar Odom.
  • Trump made a short 23-minute appearance, delivering a speech focused on his campaign and the state of cryptocurrency under his presidency before departing via helicopter.
  • The top four investors, led by crypto billionaire Justin Sun, received $100,000 Trump-branded gemstone-encrusted watches, while attendees criticized the subpar food and limited drink options.
  • Security concerns were raised due to a minimal vetting process that allowed over 200 guests, including foreigners, close access to the sitting president.