What we know about Trump's private dinner for top holders of his memecoin
Business InsiderJUN 2
Trump Hosts Crypto Dinner for Top $TRUMP Coin Investors
Above: U.S. President Donald Trump on his way to board Marine One before departing for Trump National Golf Club in Virginia to attend a private dinner. Image copyright: Mandel Ngan/Contributor/AFP via Getty Images
The Spin
Anti-Trump narrative
An anonymous dinner for mostly foreign owners of a cryptocurrency that enriches the president is the definition of corruption. No president has ever been as shameless as Trump when it comes to using his power and influence to make a buck. Meanwhile, the American people he claims to care about are suffering in his struggling economy. If this dinner was on the up and up, the administration would, at minimum, release the guest list.
Pro-Trump narrative
It's absurd to think that Donald Trump, a highly successful businessman who has given up so much in order to serve his country for two terms as president, would be financially benefiting from his office or selling access. Unlike his predecessor, Trump sees how sensible it is for the United States to be tight with the crypto industry, which once railed against the elites but is now committed to building a booming economy alongside them.