Trump Praises Cryptocurrency Supporters at Private Rally

At a recent private rally held at a golf club in northern Virginia, President Trump expressed his appreciation for leading cryptocurrency supporters, particularly one buyer named after him.

“You should be very proud. You’re a pioneer—it’s early days still,” Trump, 78, said during a closed press event, with a snippet later shared on Instagram by an attendee.

He added, “I want to thank you, congratulate you, and assure you I’m with you for the long haul.”

White House officials have defended the event, claiming that these investors aren’t receiving preferential treatment, although the gathering of Trump’s top buyers has stirred up some controversy in the past weeks.

The event featured an exclusive cocktail gathering with about 25 significant investors in his digital currency, led by Justin San, originally from China.

In February, the Securities and Exchange Commission halted civil fraud cases against San following his public promotion of cryptocurrency purchases that began in January.

Reports indicate that Trump capitalized on millions from meme coins linked to the Solana blockchain during its four-month presence in the market.

Trump’s family businesses reportedly collected $320 million in fees, as indicated by blockchain analytics firm Chain Olisis.

Outside the venue, demonstrators displayed signs reading “Stop Crypto Corruption” and “Release Guest List.”

Democratic lawmakers might scrutinize Trump’s growing cryptocurrency interests if they regain control after the next midterm elections. This includes examining various business ventures, such as hotel and resort projects in a few Middle Eastern nations he recently visited.

Senator Elizabeth Warren, D-Mass., criticized the event, stating, “Donald Trump’s dinner is a corrupt orgy. The American public deserves to know who has access to the president and what they might be getting in return.”

Guest List

While the guest list wasn’t disclosed, many participants, who enjoyed dishes like filet mignon and halibut, shared plans to attend or posted about their experience on social media.

Vincent Liu, chief investment officer of the Taiwanese crypto firm Kronos Research, called it a unique networking opportunity, noting that “such access is rare and indicates the transition of digital assets into mainstream options.”

Sheldon Zia, founder of the Cayman Islands Crypto Exchange Bitmart, also attended.

New Yorker Vincent Deliu reportedly joined after investing $116,000, while German investor Christoph Human shared footage of Trump’s remarks online, remarking on the event’s atmosphere filled with cryptocurrency-oriented professionals primarily from Europe.

The White House has attempted to quell the backlash surrounding the gathering. Deputy Director Anna Kelly stated, “Trump has adhered to all Interest Contradictions Acts applicable to the presidency.” Press Secretary Caroline Levitt emphasized that during his tenure, Trump faced significant financial losses and personal sacrifices while serving the nation.

“It’s absurd to suggest he’s profiting from his presidency. His commitment to serve has cost him materially and personally,” she asserted.