Trump raised millions of dollars this month through a crypto dinner and meme coins."
On May 6, CNBC reported that US President Trump will hold two encryption-related dinners this month to raise funds. On May 5, the "Encryption and AI Innovators Dinner" was as high as $1.5 million per seat, attended by Trump and venture capitalist David Sacks. On May 22, another dinner required $TRUMP meme coins, with the top 220 holders having dinner with Trump and the top 25 participating in a special White House tour. Critics say the scheme could allow anonymous donors, even foreigners, to influence politics and benefit Trump affiliates. The price of TRUMP coins has increased by more than 50% due to this activity.
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