US President Donald Trump continues to make the bank of its various digital asset companies, whose volume is growing every day.
April 25, two older Democratic Senators-Adam Schiff (D-CA) and Elizabeth Warren (D-Ma)- a letter to Jamieson Greer, acting director of the US Office of Government Ethics. The letter asked Greer to open “an urgent investigation” regarding Trump’s April 23 announcement of an “intimate private dinner” in Washington, DC, on May 22 for the 220 best holders of his $ Trump Memecoin.
The announcement, made via The official site For $ Trump and other Trump-related crypto companies, these 220 holders promised the ability to “hear first-hand president Trump talk about the future of the crypto.” In addition, the $ 25 $ Trump owners will enjoy a “private VIP reception” with the president.
The site launched a new “top list” that tracks how many $ Trump tokens, just so everyone can see how many more symbols they need to buy to qualify for each event. The pitch urges users to “hold as much $ Trump as you can” because “the more $ Trump you have – and the longer you keep it – the higher your ranking becomes.”
Dinner will take place at “Trump’s private club”, which may be a reference to the new Georgetown-based “Executive Branch” members only for members That means a $ 500,000 fee on those who want to hobby with Trump-coupled elites, including Trump’s son, Don Jr.
The club’s owner includes Don Jr. as well as Zach and Alex Witkoff, founder of another Trump Crypto Venture, Decentralized funding-focused (Defi) World freedom economic (WLF). The club’s founding members include Trump’s ‘Ai & Crypto Czar’ David Sacks and Winklevoss twins behind Gemini Digital asset exchange.
The dinner message came shortly after April 17, which unlocks 40 million additional $ Trump tokens, which increased the number of circulating $ Trump to 240 million. A maximum of one billion Dollar Trump tokens have been coined, of which 80% are controlled by the team behind $ Trump, including Trump family members. Prior to the unlocking, it was estimated that the Trump team had already earned over $ 350 million in fees since Memecoin launched in mid-January.
While most unlocks of this size cause token prices to sink-to follow the simple supply formula for a tool-free token that exceeds demand-caused the lock a modest bolt in $ Trump’s price, adding a dollar until then price of ~ $ 7.50. But the announcement of dinner/VIP event got $ Trump to jump to over $ 16, and while it has fallen back a little ago, the price is to float around $ 14.50.
The Senators’ letter notes “Trump continued and when it comes to efforts to use his own name and similarity as president … for personal financial gain.” In addition, dinner/VIP “can imply several federal ethical laws and constitutional prohibitions, including the federal bribery charter and compensation of the US Constitution.”
The Washington Post reported that many of the best $ Trump wallets appear to be controlled by non-Americans. Of Wallets that has registered for the dinner competition, the largest contains $ 1.1 million Trump -Tokens and seems to be linked to Justin Sunfounder of Throne network. Sun already spent $ 75 million Buying WLF’s steering token WLFI, a gesture that resulted in him being appointed WLF adviser.
Them -senators quoted the postal report and said it aroused “the worrying prospects that foreign players use the Meme coin as a vector to buy influence with President Trump and his co -workers without having to reveal their identities in public.”
Unfortunately, this letter is an example of “sound and rage that does not matter”, as Greer is a Trump commitment that will probably not bite the hand that feeds. In addition, GOP controls all legislative levers by Washington Power and leaves DEMS with a little more than performative upset to object to Trump’s naked cash.
Speaking of April 28, rope introduced. Shri Thanedar (D-Mi) Impeachment articles Against the president, including “dismissal criminal cases, urge foreign compensation and extortionate settlements for personal and political profits.” Again, with the House of Representatives in the GOP control, this is a purely symbolic non-starter.
CZ meets WLF -Execs; WLF sign Pakistan Mou
It is not a dismissal of a criminal case, but Securities and Exchange Commission (SEC) recently asked a federal court for additional 60-day ‘pause’ in its Civil suit against Binance exchange. The procedure was Initially paused in February When SEC and Binance informed the court that a “early resolution” of the suit seemed likely. The new archiving said that the parties have had “productive discussions” regarding a mutually acceptable way out.
Given the number of crypto operators that have Put money into Trump’s pocket and seen their legal difficulties come to a sudden endThe fact that Binance has not yet received legal relief suggests that something big is in work, which requires more complex negotiations than normal.
Binance has been approaching Trump Orbit since Trump’s election victory in November last year. Binance is said to consider Cut the Trump family for a disc of its USA-turning Binance.us Exchange if the government raises the restrictions on its operations. More recently, Binance was said to discuss Listing Trump’s new USD1 StableCoinA feature that would dramatically expand the reach and influence of the token.
Also present at the WLF/CZ meeting was Bilal Bin Saqib, CEO of Pakistan Crypto Council (PCC), a body that CZ has been appointed a strategic adviser. April 15, WLF is named bin saqib an adviser to WLF. On April 28, WLF announced that it had signed a memorandum of understanding With PCC was whose details were unspecified.
My Pakista Media reported that important aspects of MOU involve regulatory sandboxes for testing financial product for blockchain, defi protocols, tokenization of actual assets and expanding Stablecoin Use for transfers and trade.
A delegation of WLF -Execs, including Zach Witkoff, Zachary Folkman and Chase Herro, reportedly met Pakistan’s Prime Minister, Deputy Prime Minister, Minister of Information and Supreme Military Officers. Finance Minister Muhammad Aurangzeb acclaimed MOU’s ability to open “new doors for investment, innovation and global leadership in the blockchain economy.”
Trump ETFS is go!
April 22, Trump Media and Technology Group (TMTG) signed a binding agreement with Crypto.com Exchange and “America-First Asset Management Firm” Yorkville America Digital to launch a series of truth.fi marked exchange traded funds (ETF). (Yorkville is a projection of New Jersey-based Yorkville Advisors.)
TMTG and CRYPTO.com originally announced their ETF plans At the end of March, but the matrix is now officially cast for the ETFs to be launched later this year (waiting for legislative approval). The ETFs are expected to involve “digital assets as well as securities with a manufactured in America focus that extends over different industries such as energy.”
The digital assets entering these ETF are expected to include BTC And CRO, the latter is the native symbol for Crypto.com-linked Cronos chain. Significant controversy was generated last month when Crypto.com announced plans for Revive 70 billion CRO that was burned in 2021Then put the thumb on the scale when the CRO community seemed unequivocal to approve this Lazarus-worthy revival.
The ETFs are part of a wave of cryptocorated products that TMTG plans to release, including the launch of the truth. FI “Finance and Fintech brand containing America First Investment Vehicles.” These products will also include “a slate of truth.fi separately handled accounts”, whose details remain sparse.
‘Bitcoin Jesus’ hopes to get up from the dead
While CZ has not yet received a pardon, some prominent crypto figures have already been so blessed by Trump, including Silk road founder Ross Ulbricht and Bitmex Exchange founders. Releasing Ulbricht was a cause Célèbre among the cryptocoration – and a Trump Campaign promise-While Bitmex seems to have lubricated these wheels through a “strategic partnership” between Trump’s WLF and a company supported by Bitmex founder Arthur Hayes.
Roger ver Seems to take a more roundabout to order Trump. According to information on campaign financing, during the first quarter of 2025 Ver paid $ 600,000 to dragon venturesA company with a limited company established by long -standing Trump Confidante Roger Stone and Stone’s wife.
Ver var Arrested in Spain In May 2024 on criminal charges of tax evasion related to ver that abstain from its US citizenship a decade earlier. Ver has been struggling extradition since then, including by dropping A cloying video Intended to draw a direct line between the VER’s legal difficulties and those who Trump was endured before his victory in 2024.
While Ver’s chances of getting a Trump -blessing seemed to have been shot down by Elon Musk in January because of VER VER voluntarily handed over his American citizenship, it seems to believe that Stone can keep the key to his freedom. In December last year, Stone’s “Stonezone” website was issued A long blog post (Not authored by Roger Stone) Proponents of Ver’s Freedom and ask readers to sign a “free Roger Now” production.
Stone himself is a convicted criminal who got a trump apology In December 2020, just weeks before the end of Trump’s first term of office. In 2019, Stone was convicted of charges of having hindered special council Robert Mueller’s probe in Russian involvement in US elections in 2016.
Will the VER’s greatness be enough to turn Trump’s head? Or has the hundreds of million dollars that Trump has earned from his crypto companies made him immune to all overalls that do not reach seven-digit brand?
Look: Teranode is the digital spine in bitcoin
https://www.youtube.com/watch?v=wmmodftqxng Title = “Youtube video player” Ramblegder = “0” Allow = “Accelerometer; Autoplay; Clipboard Writing; Encrypted Media; Gyroscopes; Image-in-Bild; Web Dividend” Reference Policy = “Strict-Origin-When-Cross-Origin” Allowing Lorscreen = “>
