US House Requests DOJ Investigation into Trump's Meme Coin Investor Dinner

Source
Doohyun Hwang

Summary

  • The US House urged the DOJ to investigate President Trump's 'OfficialTrump' holder dinner, citing potential violations of the federal bribery prohibition law and the Constitution.
  • President Trump reportedly held a private dinner for the top 220 'OfficialTrump' holders and only expressed his stance on virtual assets.
  • 'OfficialTrump' sparked controversy by offering benefits like White House access and VIP tours to holders of a certain amount.
Photo=Cointelegraph X
Photo=Cointelegraph X

US House representatives have requested an official investigation by the Department of Justice into a dinner hosted by President Donald Trump for holders of the meme coin 'OfficialTrump (TRUMP)'.

According to Cointelegraph on the 23rd (local time), 35 members of the US House issued a joint statement urging the DOJ to investigate, stating that "President Trump's meme coin dinner may have violated the federal bribery prohibition law and the emoluments clause of the US Constitution."

President Trump held a private dinner for the top 220 holders of OfficialTrump on this day. It is reported that he only expressed his general stance on virtual assets at the event.

OfficialTrump is a meme coin directly issued by President Trump, offering benefits such as White House access, VIP tours, and limited edition non-fungible tokens (NFTs) to investors holding a certain amount, which has sparked controversy over 'personal gain'. The meme coin was officially launched last January, just before President Trump's inauguration.

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Doohyun Hwang

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