Trump's top memecoin holders' dinner is an "impeachable offense," says Sen. Ossoff

Senator Jon Ossoff labeled President Trump’s gala dinner for top $TRUMP memecoin holders as an “impeachable offense,” arguing it involves selling access for payments that enrich Trump. The dinner, set for May 22 at Trump’s private club in Washington, D.C., invites the top 220 $TRUMP holders, with additional perks for the top 25. Trump’s companies, owning 80% of the memecoin supply, earn substantial trading fees (0.1%–10%) as market makers, profiting from trading volume rather than price. The announcement sparked a trading frenzy, boosting $TRUMP’s price by over 50% to $15.72, though it’s down 79% from its peak. Critics, including Senators Warren and Schiff, warn of corruption and conflicts of interest, with some calling for an ethics inquiry. Analysts predict a potential price slump despite short-term trading interest. Key Points: Ossoff claims the dinner is impeachable due to Trump profiting from memecoin trading. Show Less

https://cryptoslate.com/trumps-top-memecoin-holders-dinner-is-an-impeachable-offense-says-sen-ossoff/
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