Donald Trump recently hosted an exclusive gathering for top investors in his $TRUMP cryptocurrency at his Mar-a-Lago club in Palm Beach, Florida, even as the token’s value has plummeted by over 95% from its peak last year.

The event unfolded amid escalating scrutiny of the Trump family’s expanding crypto ventures, prompting Democratic leaders to demand investigations into their activities.

The day-long gala, which Trump promoted as the “most exclusive” crypto and business conference globally, saw 297 of the largest $TRUMP token holders in attendance, where he…