Trump set to raise millions from crypto and memecoin this month

[dalton99a]

https://www.cnbc.com/2025/05/05/trump-crypto-memecoin.html

Trump set to raise millions from crypto and memecoin this month
Published Mon, May 5 2025 9:22 AM EDT
MacKenzie Sigalos

President Donald Trump has two crypto-focused dinners on the calendar this month — one aimed at deep-pocketed political donors, the other at meme coin millionaires. Both are poised to help him rake in millions.

The first event, a $1.5 million-per-plate fundraiser set for Monday, is among the most expensive ticketed dinners in presidential history. The second, on May 22, offers access to Trump’s inner circle not for cash — but for holders of the $TRUMP token.

Hosted by MAGA Inc., the “Crypto & AI Innovators Dinner” on May 5 features special guest David Sacks — who has been helping to rewrite the country’s crypto and artificial intelligence rules.

The second gala dinner will be held at Trump National, the president’s private club in the Washington, D.C., area, later this month. The guest list will be decided by a blockchain-based contest run by the creators of the $TRUMP meme token. Instead of cash, entry is based on how many tokens a user holds, with the top 220 holders of the token promised dinner with Trump himself. The contest runs through May 12.

The gala, which is black tie optional, offers a “WIP White House Tour” and special reception to the meme coin’s 25-biggest holders. The website hosts an active leaderboard displaying the usernames of the coin’s top buyers.

Accountable.US, a center-left watchdog group that investigates corporate and political influence, described the leaderboard contest as “the most nakedly corrupt self-enrichment scheme in U.S. presidential history,” warning it opens the door for wealthy donors — including potentially foreign actors — to buy access to the president, while personally enriching the Trump family.

[Walleye]

1. He doesn't care about the United States or the presidency. He measures his success by how much money he himself gets

[Irish_Dem]

2. When will he reach his goal of becoming a trillionaire?

Since becoming president is actually a real billionaire now.

[ananda]

4. Good question! Also...

When will he outdo Musk and become the richest
man in the world?

[Irish_Dem]

9. Trump wants to be richer than the two richest men in the world. Musk and Putin.

[Walleye]

7. He wants to be richer than Putin and rule over a larger country than him

[Irish_Dem]

11. Exactly. I just typed the same thing.

But he will never be smarter, more sophisticated, more clever than Putin.

[Walleye]

13. Also, Putin is very clear on his goals and has been working toward them for a long time

Trump just runs on visceral desire

[Irish_Dem]

14. Yes, Trump is all about "instinct" and acting out on malicious feelings.

Putin has the same diabolical need for revenge, getting even, control, power.
But he is very strategic, plays the long game when necessary.
It is all very carefully thought out.

Trump is all id. Putin is all superego but with no moral core.

[Walleye]

16. That's a good way of putting it. And they both have evil intentions.

[Irish_Dem]

17. They are both ruthless psychopaths.

But Trump has a number of other mental illnesses.
Including drug abuse and dementia.
I am also wondering about bipolar, he looks very manic.

[Walleye]

18. Lately he doesn't even seem to have any moments of lucidity

[Irish_Dem]

19. By any chance did you see more pictures of the Oval Office?

We have seen all the gold crap he has placed around the fireplace, etc.

But the other day I saw a photo of the rest of the Oval Office.
I was shocked. Every square inch of the walls are covered in gold paintings, hangings, etc.
This looks very manic to me.

Yes I do not think he is rational at all any more.

[Walleye]

20. You can just about smell the cheap perfume of a whorehouse in there

[Botany]

3. Emoluments Clause Anybody? Any of that Trump crypto crap being bought by foreigners?

The Emoluments Clause, specifically Article I, Section 9, Clause 8 of the U.S. Constitution, prohibits government officials from accepting gifts, emoluments, offices, or titles from foreign states without the consent of Congress. It aims to prevent foreign influence and corruption of American officials. This clause is also known as the Titles of Nobility Clause.

The rule of law is dead.

[Walleye]

8. Unfortunately, everything Trump does is with the unspoken consent of Congress

That is what our real problem is here. Weenies in the House of Representatives.

[walkingman]

5. This is the GOP version of America - isn't it great!!

Last edited Mon May 5, 2025, 11:18 AM - Edit history (1)

[Wingus Dingus]

6. Swampalicious. Open self-enrichment and corruption.

[NoMoreRepugs]

10. The mob that is the Deplorable base is what is keeping him in power - ReThugs legislators are terrified

of them.

[mdbl]

12. Of course this is against the law

Oh I forgot, we don't have a department of justice just a bunch of sycophant assholes.

[Passages]

15. Yep

Congress Should Reject the Lummis-Gillibrand Stablecoin ...

The George Washington University
https://scholarship.law.gwu.edu › faculty_publications
by AE Wilmarth Jr · 2024 — The Lummis-Gillibrand bill would establish a weak and deeply flawed regulatory regime for stablecoins, thereby exposing consumers, investors, and our financial ...