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Buyer of the Trump evening dinner largely foreign because the family of net assets swelled by $ 2.9 billion

Buyer of the Trump evening dinner largely foreign because the family of net assets swelled by $ 2.9 billion

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  • The $ Trump Memecoin of President Donald Trump, after the promotion, has been worth value after the promotion of exclusive presidential access to top token content.
  • An investigation by Bloomberg showed that more than half of the top investors used stock exchanges that prohibit US users and cause concerns about foreign influence on the US government.
  • The legislator calls for an investigation and questions the ethics and legality of such a pay to play access to the president.

US President Donald Trump's net assets have increased to 2.9 billion US dollars (4.5 billion AU $) in the past few weeks because an investment flow has been introduced into its recently introduced Trump -Memecoin $. After an announcement that the 220 top owners of the coin on May 22nd with President Trump in his private golf club in Washington, DC, the investors hurried to support their positions and drove both the price of the tokens and the personal inventory of Trump.

However, a new Bloomberg examination of the investments shows that at least 56% of 220 coin holders have used foreign exchanges such as Binance, BYBIT and OKX that exclude US users.

Among the 25 best investors, this number is even higher, all of them make their investments through such locations except for six investors.

This shows that many of the largest investors are likely to come from overseas and raise questions about the influence of international money on a chosen civil servant – especially because the 25 best investors receive a private VIP tour and should take part in an exclusive reception before the main event.

Related: Crypto's shiny future: Why 2025 could shake records – if politics does not delight it

Source: Gettrumpmemes

The democratic senators Adam Schiff and Elizabeth Warren have called for an investigation of the event and corruption potential.

President Trump and other civil servants can use the sale of the presidential access to individuals or companies in order to include foreign nationals and company actors with interests in federal actions and at the same time enrich the president and his family personally.

Senatorers ship and Warren in a letter to the US government.

Token, drops, drops according to announcements

The organizers have claimed that the participants are subjected to a comprehensive background reviews and briefcase demonstrations. However, since the identity of the investors is hidden behind 3 to 4 character username, the effectiveness of these measures remains unclear.

The $ Trump -Memecoin rose by up to 58% of around 9 US dollars (14 US dollars) to $ 14.32 in the days immediately after the announcement. The Trump family has a significant part of the available $ Trump and the price increase increases their portfolio directly on paper, even if they are held in the near future to sell them.

Democratic Senator Chris Murphy and The new republic Michael Tomasky has described the advertisement as “the most corrupt what a president did”.

Superior concerns about the crypto participation of Trump Family

If the prosperity of the Trump family continues to grow, the concerns about the extent of foreign investments that are connected to Trump's Memecoin are increasing and how this can affect his political decisions and its integrity, since the border between political and financial interests continues to disappear.

There are questions about how the influence of foreigners is managed if you get the opportunity to buy access to the US president. With billions at the game, the Trump family seems to give little incentive not to use the cryptocurrency more than an advertising tool.

Related: Senator Jon Ossoff supports Trump via Memecoin access scandal

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