Moguls are polluting communities to print cryptocurrency while providing no power to the grid, some even get tax breaks or at least are promoted by politicians. And now the moguls – because who else could afford it (other than agents of foreign nations) – are bringing envelopes full of this “asset” to basically attempt to bribe Trump and members of his family.
CNBC – Trump dinner for meme coin buyers prompts senators to demand ethics probe Published Fri, Apr 25 20252:57 PM EDTUpdated Fri, Apr 25 20256:34 PM EDT MacKenzie Sigalos Ari Levy “President Trump’s announcement promises exclusive access to the presidency in exchange for significant investment in one of the President’s business ventures,” the senators wrote on Friday, in a letter shared with CNBC. The value of the coin surged by more than $100 million after the announcement, raising concerns that Trump and his family are personally profiting from their political influence, the senators wrote. “This latest action raises grave ethics and legal concerns, including the severe risk that President Trump and other officials may be engaging in ‘pay to play’ corruption by selling presidential access to individuals or entities, to include foreign nationals and corporate actors with vested interests in federal action, while personally enriching the President and his family,” the senators wrote.
The Majority Report show has a video explainer on the deets on the crypto meme coin being a vehicle for bribery. Trump’s Pay-To-Play Crypto Presidency The Majority Report w/ Sam Seder Apr 26, 2025
And it seems like they’re not even being honest about the project within itself, from what I heard on Molly White’s newsletter podcast.
Citation Needed Issue 82 – E-moluments – As Celsius victims detail their devastation even under the weak crypto regulations of the past, the Trump administration continues to dismantle those same rules while he pumps his personal memecoin with promises of private access – Molly White 24 Apr 2025 Trump is continuing to enrich himself through his various crypto projects, most recently attempting to pump the price of his TRUMP memecoin by enticing the top 220 holders with invitations to a private dinner with him at his Washington, DC golf course. The top 25 of those receive an “Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT!” and a “Special VIP Tour”. It’s worth noting that this weakens Trump’s claim that the memecoin is not a security, as the SEC’s February statement exempting memecoins from its authority describes tokens with “limited or no use or functionality” and “lack of utility, other than for entertainment or other non-functional purposes”.19 By using the TRUMP token to gate access to an event with the president, Trump and his team have essentially morphed the token into a “utility token”.
My letter to reps:
The American president shouldn’t be able to take envelopes full of cryptocurrency from moguls and foreign agents attempting to curry favour.
Please feel free to copy or repurpose for your own letters to reps.
