Trump Hosts Memecoin Gala for Top Holders: Foreign Influence Concerns Raise Eyebrows

Donald Trump is hosting a unique gala event aimed at cryptocurrency enthusiasts, specifically targeting top holders of the newly launched $TRUMP memecoin. Scheduled for May 22, 2025 in Washington D.C., the event will include key industry figures and notable attendees like Kain Warwick, Vincent Liu, and representatives from MemeCore, with blockchain analysis suggesting international involvement. A significant portion of $TRUMP holders are foreign nationals, leading to concerns about potential conflicts of interest and foreign influence on political markets. U.S. lawmakers are raising questions regarding the ethics of such an event. Notably, security researcher Molly White points out: “Foreign investors have spent millions scrambling for access to President Trump at an upcoming private dinner. Of the 220 largest holders of Trump’s TRUMP memecoin currently listed on a public attendee leaderboard, 73% are likely based outside the United States.” This event highlights the growing convergence between politics and cryptocurrency, prompting scrutiny over its potential impact on political landscapes and financial markets.