The Table Is Set for 220 Foreign Investors in the $Trump Coin
Not a single Republican sees anything wrong with this, and the media is barely noticing.
The Trump crypto coin is soaring in value (if you don’t know what a crypto coin is, remember this key word: absolutely nothing). Foreign investors, which likely means spies from China, Russia, Iran, Saudi Arabia, Israel, and many other countries, are pumping millions into the coin that was launched one day before Trump was inaugurated on January 20th this year. There is only one tangible thing these enemies of America are buying when they purchase the intangible coins: influence. They are gaining influence with the President of the United States.
Launched just hours before Trump’s January 2025 inauguration, the $TRUMP memecoin is the latest — and most audacious — Trump family foray into cryptocurrency. The coin’s explosive popularity, turbocharged by the promise of dining with the president, has drawn in hundreds of high-net-worth individuals and crypto whales, creating a speculative frenzy. According to Chainalysis, trading activity around $TRUMP has generated over US$320 million (approx. SGD 433 million) in fees for Trump and his affiliates. The lion’s share of this profit comes from built-in transaction fees, funneled back to the Trump Organization and allies who control roughly 80% of the token’s total supply (Trump’s Memecoin Dinner).
All of our nation’s enemies know precisely how to play Donald Trump. To be fair, this does not say much about our enemies, as most six-year-olds know how to play Trump. All one needs to do is effusively praise him, and Trump belongs to you. However, suppose your praise is backed up by little more than a Chinese-made red hat and oversized t-shirts. In that case, Trump doesn’t really care about you — he even probably despises you because it forces him to be kind and respectful to you, something he can never be to anyone.
If you have money, though, and he feels there is a way he can get some of that money, then he will do whatever he has to do, like a good prostitute dedicated to pleasing his customers. The event planned for May 22 at the White House is the first of its kind in American history. Donald Trump has opened the house in which our nation’s presidents and their families reside to foreign nationals who have paid millions to own $Trump’s memecoin. All of the profits from the sale of this coin go to Donald Trump and his family. The expenses for the party, though, will be directed to the American people.
Yesterday, Senator Chris Murphy questioned the Secretary of State, Marco Rubio, about the dinner with the foreign investors. He asked Rubio why he wasn’t attending a dinner where hundreds of people would likely push Trump for favors based on their significant investments in his coin. Rubio’s response was typically MAGA: “I didn’t know there was a dinner. And I sincerely doubt the foreigners present will be seeking favors from the president.”
Have you stopped laughing? I will continue now.
The token’s market cap surged to US$2.7 billion (approx. SGD 3.66 billion) following the announcement of the exclusive dinner, reflecting not just investor enthusiasm but a deeper, more disquieting trend: the presidency itself being rebranded as a speculative asset. With the top 220 holders securing a seat at the event — and the top 25 offered VIP perks and a private White House visit — the crypto coin has become a golden ticket for those seeking proximity to power, blurring the line between democratic governance and digital-era patronage (Trump’s Memecoin Dinner).
I spent years imagining ways to promote brands. It is not easy to come up with a good promotional event that stands out in an ocean of branding promotions. Let me tell you, though, that the idea of selling an “exclusive” dinner with the President of the United States at the White House is not just a great one, but one that will win hands down 10 times out of 10. Between 2015 and 2019, I organized the Russia House in Davos, Switzerland, during the World Economic Forum, and it was always a struggle to get Russian ministers to commit to coming. We tried to get Dmitry Medvedev, and once it was rumored he would pop by, but instead, the number three in Russia’s government, Igor Shuvalov, visited us. People flocked to us.
The idea of Trump meeting with 220 of the biggest investors would be great if he were not the president. It tells the world’s most conniving and vile that the influence of the United States of America has become just another product that can be had for a song and dance, with all the proceeds going to the Trump organization.
Critics accuse Trump of orchestrating a “pay-to-play” scheme where access to the U.S. presidency is auctioned to the highest bidder — in this case, crypto investors. Senators Adam Schiff and Elizabeth Warren have called for a formal ethics investigation, warning in a letter to the Office of Government Ethics that the event “offers exclusive access to the presidency in return for a substantial investment in one of the President’s business projects.”
What makes the $TRUMP coin dinner uniquely perilous is the open door it offers to foreign influence. In traditional campaign finance, foreign donations are banned; under crypto, they can be anonymized, disguised, and funneled through decentralized systems. According to ethics watchdogs, the structure of the $TRUMP coin provides a near-perfect tool for international actors to gain White House access — with little accountability or traceability (Trump’s Memecoin Dinner).
Not a whisper on the right, however, sees any of this as potentially harmful to the interests of the United States. Fox will praise the dinner as just another example of the “deal-maker-in-chief’s ability to make super deals.”
The dinner tomorrow night is a Rubicon of sorts. Trump is showing the world that you can buy whatever influence you want by investing in him. Thanks to the anonymity of the blockchain, no one will ever know who you are or what I gave you for that investment. The Trump organization is especially active in building hotels and golf courses in the Middle Eastern Arab states, and this was where his first foreign trip happened to be. Where he also received a nice little $400 plane.
The Trump memecoin dinner is more than a spectacle — it is a harbinger. By transforming political access into a crypto commodity, Trump has introduced a dangerous precedent with global implications. This fusion of public office, private profit, and digital finance threatens to erode the foundations of democratic accountability (Trump’s Memecoin Dinner).
And the cult is being told by Eric Trump, the Trump child in charge of all the crypto stuff, that buying the $Trump memecoin is every American’s “patriotic duty.”
And the silence from the right and the mainstream media deafens.
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