Trump’s meme coin dinner stirs controversy at pivotal moment for crypto world

President Trump hosted an exclusive dinner Thursday night for the 220 biggest buyers of his $TRUMP (TRUMP-OFFICIAL-USD) meme coin, an event that stirred controversy in the nation’s capital during a pivotal moment for the crypto world.

“The past administration made your lives miserable,” Mr. Trump told the dinner guests, according to account from the New York Times.

The Biden administration “persecuted crypto innovators, and we’re bringing them back into the USA where they belong,” he added, according to another account from the Wall Street Journal.

Demonstrators shout outside Trump National Golf Course in Sterling, Virginia, on May 22, 2025. US President Donald Trump is attending a private dinner at his club for the top 220 buyers of his memecoin $TRUMP. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
Demonstrators shout outside Trump National Golf Course in Sterling, Va., as President Trump attended a private dinner at his club for the top 220 buyers of his memecoin…

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