Trump Memory Competition in two days earns insiders of $ 900,000

Washington – President Donald Trump and his allies lasted $ 900,000 in the past two days from the president of Trump Criptocurrenci, according to Chari Chanis, Blocchain.

Surga came after the announcement on Wednesday in which the upper token carriers were promised dinner with the President.

“Dinner in Washington, DC with President Trum”, read a order On the front page of the Trump Coin website. The event, which is optional and host in the Private Private Club in Washington, is scheduled for 22. May, with the reception for the top 25 holders. “VIP VIP White House Tour” will take place the next day, says the site. The site is also hosted by the active plate leader that displays the usernames of top customers.

$ Trump Memecoin jumped more than 50% on the news for dinnerStrengthening the total market value to $ 2.7 billion. It is compiled with fierce criticisms of some of the Trump political opponents who said that this move was further proof that the president used crypto to be enriched. Sen. Chris Murphy, D-Conn., A prominent trump critic, wrote on X that the sale was “The most unhumped thing that the president ever did. It is not close.”

Approximately 80% of the $ Trump’s Trump organizations and branches are controlled by the Trump organizations and branches, according to the project website. Since its launch in January, the trading activity has achieved about $ 324.5 million in trade fees for insiders, a chain line was found. These fees are generated through a built-in token mechanism that travels the percentage of each trade in wallets who control the project – money banknotes, according to the site, related to Coin.

Memecoins, which is often called meme tokens, are a subset of digital assets that use blockchain technology and largely obtain its value from online culture, memes and social media, and not from basic usefulness or means. Memecoina origins can bring fees when their coins are buying and selling.

In recent years, they rose in popularity as speculative means, with some coins, including Dogekoin and FRTCoin Amasing total market value more than $ 1 billion.

Most offers from Trump is locked under a three-year acquisition plan, and coins are gradually becoming available over time. Locks like these are intended for investor protection to prevent insider from cashing all at once – a scheme commonly known in the crypton world as “pull mats”. The news schedules aim to provide retail customers trust that early holders will not overwhelm the market and perform the value of tokens.

However, the competition for dinner reviews critics as an unusually explicit attempt to redeem the presidential approach.

As CNBC has been reported on FridayDemocratic sensum. Adam Schiff of California and Elizabeth Varren Massachusetts invite the American office of the Government of Ethics to investigate whether the promotion represents a “salary to play” corruption.

White house did not answer the comment request. The company behind Memecoin also did not answer the comment request.

Delanei Marsco, the director of ethics in the Legal Center of Campaigns, is non-profit focused on the NBC’s competition, the coin competition, the coin contest amounted to an unprecedented ethical violation – although it would probably not be illegal.

“Criminal conflicts of the Statute of interest do not apply to the president,” she said. “It allowed him to pass the norms that every modern president of Carter, and somehow you can accuse you of manipulate you that you could not be accused that no one could accuse you not to accuse you that it cannot be accused of not being accused manipulates political decisions to manipulate yourself. ”

“The fact that it is not forbidden to have these financial interests such as this Mema forged, it allows for a lot of seemingly corrupt activity. So the president apparently sells access to himself,” Marsco added.

Molly White, an independent crypto explorer, said NBC News that the leader of the board shows only the Trump owners, and only by their selected name, which makes it difficult to identify the evening.

Schiff and Warren have stated public reports that show that some $ trump investors have to do with foreign exchange or received funds from the CRIPTO binacy platform, including binance.

White also noticed that at least one upper owner $ Trump has an account on binance, cryptocurrency company that does not allow US users.

Trump was selected with significant help in the cryptocurnancy industry, which pours tens of millions of dollars In the 2024 elections. Year, authorizing corporate donations of traditional sectors such as banking and oil. After the opposing digital property during its first term, Trump turned 2024. To campaign As a champion of cryptocurca, casting democrats as hostile innovation and as a tighter regulation.

Sam $ Trump Token does not offer a product or service, according to the project website. It is part of the wider pressure of the Trump family in digital assets, despite market volatility and regulatory risks.

In addition to the $ Trump and COMPs for Mema in Melanija, the family supported financial world freedom, decentralized funding collected by $ 550 million in two token sales since last October. Customers are prohibited to resell their tokens and do not receive a proportion of profit – but the entity he joined Trump is entitled to 75% net incomeIncluding token income.

Together, these projects have created new income streams for Trump and its inner circle at a time when the regulatory monitoring of cryptocurries has been impaired abruptly under its administration.