US Senators Urge Ethics Investigation into Trump Meme Coin Dinner

Source
JH Kim

Summary

  • It was reported that President Donald Trump's 'Trump Dinner' is suspected of being a corrupt act, prompting calls for an ethics investigation.
  • Senators pointed out that the president's business venture investment is related to the surge in the value of the meme coin TRUMP.
  • It was stated that the value of the TRUMP meme coin surged by over $100 million.

President Donald Trump is set to host a 'Trump Dinner' for holders of the meme coin OfficialTrump (TRUMP), prompting some senators to call for an ethics investigation.

According to CNBC on the 25th (local time), senators argue that the dinner could constitute a corrupt act, stating that it offers "an exclusive meeting opportunity with the president in exchange for significant investment in one of the president's business ventures."

Notably, it has been reported that the value of the TRUMP meme coin surged by over $100 million following the announcement of the dinner.

They emphasized that "there is growing concern that Trump and his family are using political influence for personal gain."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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