Justin Sun Trump dinner

The crypto mogul Justin Sun, born in China, says he is the best owner of the $ Trump Meme token and will eat with President Donald Trump.

The dinner competition – a competition that offered gala access to the seated US president – was open to anyone in the world who was ready to spend millions of dollars for a digital coin that was bound with Trump.

On Thursday, the top 220 $ Trump owners will be invited to dinner with the president in his Virginia Golf Club outside of Washington, DC

In the late Monday evening, Sun released on X that he had secured the top position in the $ Trump -Token ranking, which earned him an invitation to an dinner with the president and a VIP reception for the top 25 owners.

“It is an honor to support @potus and gratefully for the invitation from @Gettrumpmemes to take part in President Trump's gala evening dinner!” he wrote. “As a top owner of $ Trump, I am excited to connect with everyone, talk about crypto and talk about the future of our industry.”

SUN now holds the meme token with a trump theme worth $ 18.6 million, in addition to the $ 75 million, which he previously entered in World Liberty Financial, a separate crypto company, which exceeds 75% of the platform's income directly to Trump companies.

Overall, Sun's involvement in the cryptoimpperium of the Trump family now exceeds 93 million US dollars.

Sun was born in China and is the crypto entrepreneur behind the Tron Blockchain and speaks to the Securities and Exchange Commission to solve civil fraud.

His case was carried out in February shortly after he invested tens of million dollars in the Wlfi token from World Liberty.

According to Coinmarketcap.com, the coin from $ Trump rose by about 2% to $ 13.27 on Tuesday. This estimates the circulating offer at 2.65 billion US dollars and is therefore the 39th valuable cryptocurrency. Bitcoin Is the most valuable at 2.1 trillion dollars.

As with other MEME coins, there is no underlying product.

On the project's website, the coins “do not be an investment option, investment contract or security of all kinds or to be the subject.”

In February, the SEC issued instructions that most Meme coins according to the US Federal Act were not regarded as securities.

The Watchdog Group Accountable. The moment described the moment as “corruption unfolds in real time” and was again the warnings that the $ Trump token competition opened the access to foreign and corporate actors with low surveillance and large participants with trump-linked assets.

“This dubious situation summarizes perfectly why this $ Trump Coin competition always becomes a magnet for foreign influence, unprecedented self-help and the sowness of the next level,” said Tony Carrk, managing director of Accountable.us.

The type of pseudonyms raises questions about the true identities and motivations of the largest owners of the token.

Documents of the Blockchain Analytics company Inca Digital, which have been checked by CNBC, show that the top 275 $ Trump -token -owners send and receive the token. Many are strongly associated with international stock exchanges such as Binance, the US customers do not serve, an indication that they are probably not US citizens.

An analysis by Bloomberg showed that 19 of the 25 top letter bags with a fairly certainty of people who work outside the United States

The ranking list – now closed – conquered an extraordinary concentration of prosperity and influence behind a fleeting asset, which was launched just a few days before the inauguration.

More than $ 5.2 billion in realized profits have come to the upper performance letters, while a larger number of address-over 590,000-sound Inca Digital has lost $ 3.9 billion together.

Senator Richard Blumenthal, D-Conn., The ranking member of the Senate Committee for Investigations, warned that the growing crypto involvement of the Trump family could serve as a back door for foreign and corporate interests to seek access to the president.

“President Trump's financial entanglements to the $ Trump coin and the attempted use of the White House to organize competitions to support the value of $ Trump is an unprecedented pay-to-play system to ensure access to the presidency to the highest bidder,” wrote Blumenthal.

REGARD: Eric Trump as he eliminates American Bitcoin and eliminates the growing crypto empire of the family