Trump raises millions of dollars through crypto dinner and meme coin this month

PANews
PANews|May 06, 2025 00:16
According to CNBC, US President Trump will hold two crypto related dinners this month to raise funds. On May 5th, the "Crypto and AI Innovators Dinner" was attended by Trump and venture capitalist David Sacks, with each seat costing up to $1.5 million. On May 22nd, another dinner party required holders of TRUMP meme coins, with the first 220 holders allowed to have dinner with Trump and the first 25 to participate in a special visit to the White House. Critics said that the mechanism may allow anonymous donors, even foreigners, to take the opportunity to influence politics and make profits for Trump's affiliates. The price of TRUMP coin has risen by over 50% due to this activity.
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