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Trump to host memecoin gala dinner amid backlash, impeachment calls

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

President Trump plans a May 22 dinner for top TRUMP memecoin holders amid criticism, calls for impeachment and scrutiny over a $2 billion UAE crypto deal.

US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment.

In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement follows multiple US lawmakers expressing concern over the initiative.

In late April, Massachusetts Senator Elizabeth Warren called on government officials to address questions related to Trump’s memecoin and his media company. Controversies grew after Trump announced a dinner and White House tour for some holders of his TRUMP memecoin.

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  • Texas cops cut open crypto ATM to recover $25K lost to scam
  • South Korea’s central bank won’t oppose stablecoin: Report
  • Apple eyes generative AI to speed up custom chip design: Report
  • Politicians’ memecoins, dropped court cases fuel crypto ‘crime supercycle’
  • Bitcoiners split on $94K or $114K for BTC’s next move as it trades sideways
  • North Korea targets crypto workers with new info-stealing malware
  • Arizona Senate revives Bitcoin reserve bill after reconsideration vote

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