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Trump Memecoin Holders Win a Third Dinner Amid Corruption Probes

cryptonews100_tggfrn by cryptonews100_tggfrn
October 5, 2026
in World Liberty Financial
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Trump Memecoin Holders Win a Third Dinner Amid Corruption Probes
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Battle Battle Battle, the promoter behind the $TRUMP memecoin, is promoting a third gala dinner for prime token holders at Trump Nationwide Golf Membership close to Washington, D.C., on Nov. 22, 2026, with President Donald Trump listed because the featured speaker. Eligibility goes to the highest 185 holders on a time-weighted leaderboard that rewards each amount held and length of possession. That is the third such entry occasion in roughly 18 months.

Democratic lawmakers say a midterm win may unlock subpoena energy to analyze Trump-linked crypto ventures. A Senate vote on the CLARITY Act crypto-regulation invoice already fell in need of the 60 votes wanted to advance. Disputes over ethics provisions tied to the president’s monetary pursuits have been a central level of competition.

How the Dinner Works

Token holdings decide your seat, your reception tier, and doubtlessly your wristwatch.

The competition runs from Sept. 30 by way of Nov. 12, with a remaining snapshot figuring out eligibility. The prime 29 holders obtain a VIP reception, and the highest 4 obtain an 18-karat Trump-branded gold watch. Different marketed perks embody Trump perfume, a commemorative poster, a buying and selling card, and a Battle Battle Battle Trump watch. The occasion web page states no personal meet-and-greet with Trump will happen and no items from attendees will likely be accepted. Three further visitors are billed as “legends,” although their identities haven’t been disclosed.

Two earlier occasions set the template. The Could 2025 dinner on the similar golf membership drew the highest 220 holders, who had reportedly spent a cumulative $148 million on the token, in keeping with secondary reporting; Tron founder Justin Solar was reportedly the biggest holder within the room, with roughly $18 million of the token. The April 2026 Mar-a-Lago convention expanded to the highest 297 holders and featured Mike Tyson as an marketed visitor.

The Democratic Response

Critics name it corruption; the White Home describes Trump’s funds as independently managed.

Senator Richard Blumenthal mentioned Trump is “serving to put corruption on the poll” and accused him of prioritizing the token over Individuals’ cost-of-living concerns, in keeping with Gizmodo. Senator Chris Coons reportedly described the dinner as “corruption” in a Bluesky publish, per the identical reporting; the unique publish had not been independently verified on the time of publication. These are political allegations, not judicial findings.

The White House said that Trump’s monetary portfolio is independently managed by third-party monetary establishments and referred questions concerning the occasion to Battle Battle Battle. Democratic lawmakers beforehand requested information on who attended the primary dinner and what individuals anticipated in return; no public attendee checklist was produced.

Token Efficiency and Monetary Stakes

The token is down roughly 97% from its peak; affiliated enterprise earnings tells a totally different story.

$TRUMP was buying and selling at roughly $2.13 on the time of reporting, about 97% under its reported peak of $75.35 on Jan. 19, 2025, in keeping with CoinMarketCap; that determine is time-sensitive and displays a particular reporting snapshot. The WLFI token sat at roughly $0.057, roughly 88% under its personal reported peak of $0.46.

CIC Digital LLC, a Trump Group affiliate, reportedly recorded roughly $635 million in memecoin-related earnings for 2025, with Trump-affiliated crypto ventures collectively reporting at the least $1.2 billion in earnings, per Gizmodo; the underlying accounting foundation for each figures was not independently confirmed. A Reuters tally, protecting exercise by way of April 2026 and utilizing its personal methodology, estimated household crypto income and investor losses at roughly $2.3 billion every.

A CoinDesk survey discovered that 62% of registered voters didn’t belief the Trump administration to deal with crypto regulation, and 73% opposed senior officers holding crypto-business pursuits; pattern measurement, subject dates, and query wording weren’t supplied within the out there reporting.

Regulatory Context

A stalled invoice and questions on regulatory independence outline the oversight panorama.

The CLARITY Act didn’t advance within the Senate, leaving the crypto trade with out the regulatory framework it sought. Ethics provisions tied to Trump’s ventures remained a central level of competition alongside stablecoins and developer protections.

Lee Reiners, a Duke College lecturer and former New York Federal Reserve examiner, argued that regulators have the authorized authority to analyze World Liberty Monetary however questioned whether or not they have ample independence given the president’s household’s reported monetary stake, in keeping with Gizmodo. A agency tied to UAE Nationwide Safety Adviser Sheikh Tahnoon bin Zayed Al Nahyan reportedly agreed to buy a 49% stake in World Liberty for $500 million shortly earlier than Trump’s inauguration. The White Home and World Liberty denied any connection between that funding and Trump’s subsequent authorization of superior AI-chip transfers to the UAE.

Whether or not investigations materialize depends upon midterm outcomes, committee jurisdiction, and unbiased regulatory motion. The token has misplaced roughly 97% of its January 2025 peak worth, in keeping with CoinMarketCap information out there on the time of reporting.



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