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WASHINGTON, D.C. – Donald Trump’s prior string of dubious money-making schemes that traded on his presidential brand were child’s play compared to his latest and most brazen grift to date. On May 22, the President will attend a private dinner “with the top 220 holders of the Trump memecoin,” the cryptocurrency venture Donald and Melania Trump launched just days before his second inauguration, which quickly made themselves nearly $100 million dollars and that ethics experts warned could be a vehicle “‘to circumvent national security and anti-corruption laws”.  

No effort is being made to hide the fact that this event is an open cattle call for wealthy investors to compete over who can buy more influence with the President while the Trump family gets richer in the process; according to the event’s website: “From April 23 to May 12, hold as much $TRUMP as you can. Your average holdings during this period will determine your ranking. The more $TRUMP you hold—and the longer you hold it—the higher Your Ranking will be.” 

One of the event taglines even reads: “Own a Piece of Trump.” 

An Accountable.US review found the investor currently atop the leaderboard moved approximately $5.5 million of $TRUMP just today; while the investor in the #2 spot interacted with crypto exchange Binance.com, which prohibits American users, earlier today – strongly suggesting they may be a foreign national.   

“Never in U.S. presidential history has there been a more nakedly corrupt self-enrichment scheme,” said Accountable.US Executive Director Tony Carrk. “The President is openly inviting investors to have a bidding war over who can buy the most access to him while he laughs all the way to the bank. There has never been a clearer case of a President using their office to put money in their pocket, or greater potential for special interests to buy an administration’s favor that could threaten the public interest. Donald Trump is trampling over every historical ethical norm to see how much corruption he can get away with before his allies in Congress flinch. While Donald Trump wines and dines with his wealthy backers seeking access to the executive branch, working people across the country brace for higher costs under the Trump tariffs and less health security under the Trump budget.” 

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