Trump Hosts Memocoin Holders at Private Dinner

On Thursday, President Trump held a private dinner for top holders of Memocoin at a golf course in Northern Virginia, focusing on cryptocurrency.

“What a lovely bunch,” Trump said, addressing his VIP guests, who expressed curiosity about the presidential helicopter’s landing area on the course.

His support for easing regulations on alternative currencies is notable, especially ahead of an event where he emphasized, “The US controls crypto, bitcoin, and more, and we intend to keep it that way.”

According to Memocoin’s website, the top 220 owners were invited to a special gala dinner. Collectively, these owners reportedly spent $394 million, with the leading seven each investing around $10 million in Trump’s coin.

The leaderboard features anonymous usernames like “Meow,” “LSD,” “Rekt,” and “Elon,” which adds an interesting twist to the event.

White House reporters were not allowed near the dinner, located about 25 miles from the White House in Sterling, Virginia. When questioned about the guest list, White House Press Secretary Caroline Leavitt declined to provide details, clarifying that it was a personal event for the president—not an official White House dinner.

The official $Trump website underscores that the president is merely a guest and has no financial interest in the event.

Organizers have touted the dinner as a “once in a lifetime night,” offering attendees a chance to explore the future of cryptocurrency.

The top 25 Memocoin holders were slated to have an exclusive VIP reception with Trump.

Outside the golf course, around 100 protesters gathered, holding signs with messages like “Stop Crypto Corruption,” “Release Guest List,” and “America is not for sale.”

A recent analysis revealed that 19 of the top 25 Memocoin holders had purchased coins on an exchange that does not cater to US customers. Critics of the dinner argue that foreign entities are attempting to buy influence with the White House, especially since billionaire Justin Sun, the founder of Tron and a significant holder of $Trump, was set to attend. Sun has faced legal issues, having been charged with fraud by the Securities and Exchange Commission in 2023, although his case was paused shortly after Trump assumed office.

The Trump organization’s affiliate, CIC Digital LLC, owns 80% of the digital currency, which launched just days before the president’s inauguration in January.