Crypto investors descend on Trump’s golf club for $230 million meme coin dinner
A company controlled by the Trump family and a second firm together hold 80 per cent of the remaining supply of $TRUMP coins, and have so far earned $US320.19 million in fees, including at least $US1.35 million after the dinner announcement, according to blockchain analytics firm Chainalysis.
More than half of the 220 holders who attended the black-tie event are likely based outside the United States, according to blockchain analysis.
Trump Organisation executive VP Eric Trump, right, speaks as World Liberty Financial co-founder Zach Witkoff, centre, and TRON founder Justin Sun look on during a crypto event in Dubai earlier this month.Credit: AP
In response to criticisms about Trump using his office to enrich himself from the meme coin,…
