The lucky few are not top officials or visiting heads of state but the 220 biggest buyers of $TRUMP, a crypto memecoin launched by the US president in January.
“The most EXCLUSIVE INVITATION in the World,“ a website dedicated to the event said. “The question is...ARE YOU IN?”
Launched hours before his January inauguration, the $TRUMP memecoin is only one example of the Trump family's ever-expanding moves into cryptocurrency.
$TRUMP saw a spike in value when it announced the dinner, but reports said that many of the winners of the offer, which closed on May 12, are now selling their memecoins.
They also point out that the dinner allows foreign actors who otherwise can't influence the White House to try to use the memecoin to buy favor with the government.
Those years were marked by major scandal, including the collapse of FTX, the crypto giant founded by CEO Sam Bankman-Fried, who is now serving a 25-year sentence for committing massive fraud.
“The American people deserve the unwavering assurance that access to the presidency is not being offered for sale to the highest bidder in exchange for the President’s own financial gain,“ US Senators Adam Schiff and Elizabeth Warren wrote in a letter to the Office of Government Ethics.
However, key Democrats in Congress are blocking other legislative advancements, frustrated by the dinner and other Trump family ventures into cryptocurrency.
These expanding connections include investment in Binance, whose founder is seeking a presidential pardon to re-enter the US market.
The company founders feature Trump's sons Donald Jr. and Eric alongside Zach Witkoff, son of Trump's diplomatic adviser Steve Witkoff.
Additionally, American Bitcoin, another venture backed by Trump's eldest sons, recently announced plans to list on the New York Stock Exchange.
“The US won the space race. We better win the crypto race,“ Eric Trump recently told CNBC.
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