Brief
- The list of dinner guests is determined by a classification of the best holders of $ Trump.
- The 25 best holders will receive a visit to the White House and a VIP reception.
- The legislators expressed their concern in the face of political access linked to cryptographic assets.
President Donald Trump continues to court the cryptographic crowd with not a dinner but two dinners on the theme of crypto this month.
Trump spoke at a dinner of $ 1.5 million in the “Crypto & Ai Innovators” plate organized by Super Pac Maga Inc., at the Trump National Golf Club in Virginia on Monday, according to his public calendar. The event, which was closed to the press, also presented “Crypto Czar” David Sacks as a guest.
The same day, he also confirmed a gala dinner, planned to May 22For holders of the $ Trump memes play in his private national club Trump.
The event will bring together the 220 holders of tokens, the highest 25 promised a private reception and a visit to the White House.
$ Trump Hodlers
Access to the optional dinner in black tie is determined by the number of $ Trump tokens that hold a person’s wallet. The competition ends on May 12 and a live ranking on the project website shows the current classification. User names can be submitted publicly, but most portfolios are pseudonyms.
Together, the two events have triggered the excess legislators who accuse Trump of having sold access to rich crypto donors.
Last month, senator Elizabeth Warren (D-Mass.) And representative Adam Schiff (D-Calif.) letter Warning Same Coin Gala offers “exclusive access to the presidency in exchange for significant investments in one of the president’s commercial companies”.
Warren has also raised alarms on the Stablecoin USD1 linked to Trump, launched by World Liberty Financial, a company co -founded by Trump’s son Eric and Crypto Zach Witkoff investor.
The medal, supported by short -term American treasury bills, has increased to become the seventh largest stablecoin in the world following a $ 2 billion Investment in Binance of the MGX group of Abu Dhabi.
“It looks like corruption, feels corruption,” said Warren last week, accusing the Trump family of using the crypto to take advantage of the legislation that could benefit them from progress in the Senate.
She warned that a bill supported by the Republicans to regulate the Stablecoins – planned to receive a ground vote this week – could “Greenlight The Grift”.
The event also rekindled a debate on transparency in the collection of political cryptography funds, because neither Trump nor his campaign revealed the identity of the best holders of tokens.
Responsible supervisory group.us called the $ Trump classification dinner “the most naked self-enrichment program in American presidential history”, citing concerns that anonymous portfolios could be controlled by foreign players.
Manager complaints The founder of Tron, Justin Sun, could be the biggest holder of $ Trump, while According to his web page.
The White House did not immediately respond to Decipher Comment request.
Despite the conditions indicating that Trump’s attendance is not guaranteed and that the event could be canceled “for any reason”, the interest in the token has soaked, soaring, More than 50% after the announcement of the dinner last month, the Coingecko data show.
If the May 22 dinner falls, the competition winners will receive a Trump brand NFT.
Edited by Sebastian Sinclair
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