
Trump's Crypto Dinner Sparks Controversy and Protests
President Donald Trump's recent private dinner for 220 investors who purchased his meme coin, \"$TRUMP,\" has sparked controversy and protests. Lawmakers raised concerns about the potential for conflicts of interest and the sale of access to the president. Adding to the concerns, an independent crypto researcher, Molly White, found that 158 of the 220 wallets tied to contest winners appear to be foreign. \"Of the 220 wallets tied to contest winners, 158 of them, or more than 72%, appear foreign,\" said Nnamdi Egwuonwu, a politics reporter for NBC News. Senator Elizabeth Warren called the event \"an orgy of corruption.\" Protests took place outside the golf club hosting the dinner, with demonstrators holding signs condemning Trump's actions. The top seven winners each spent more than $10 million on the coin. While the Trump family has made millions from the coin sale, the value of the Trump coin fluctuates wildly, and creators make money by charging transaction fees. This event highlights concerns about the intersection of politics, finance, and the use of cryptocurrency.