The public should know the attendees at his $TRUMP coin gala.
President Trump likes to blur lines between personal business and public office, but he’d help himself by calling off his Thursday gala with the top 220 holders of his meme-coin. If he won’t do that, he could at least disclose his crypto contest’s winners so Americans know who may be trying to buy access to the President.
Days before his inauguration, Mr. Trump launched a $TRUMP coin whose purported purpose was to “celebrate everything we stand for: WINNING!” Sure. It happened that the coin could also enrich the Trump family. The fine print disclosed that the Trump Organization and affiliates held 80% of the coin tokens and therefore stood to benefit from any price appreciation.
A share of each trade is also routed to crypto wallets linked to the coin’s creators, so more trading generates more revenue for Trump businesses. Last month Mr. Trump set off a flurry of trading by announcing a dinner at his golf club outside Washington, D.C., on May 22 for the top 220 holders and an “ultra-exclusive private VIP reception” with the top 25.
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