A private dinner with the president was offered to the top 220 holders of the $TRUMP token; most top wallets appeared to be foreign
House Democrats referred the May 22, 2025 event to the DOJ; the referral is an allegation, not a finding.
$TRUMP (memecoin)
Solana-based token launched January 17, 2025, days before the inauguration; 80% of supply reportedly held by Trump-affiliated entities on a multi-year unlock. Basis of the top-holders dinner access program.
Claims involving $TRUMP (memecoin) (2)
The $TRUMP memecoin launched three days before the inauguration, with 80% of supply held by Trump-affiliated entities
The financial upside of the token accrues to entities tied to the president during his term.
Documented relationships (1)
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| Subject | Relationship | Object | Establishes / does not establish | Sources |
|---|---|---|---|---|
| CIC Digital LLC | owns | $TRUMP (memecoin) | CIC Digital LLC and Fight Fight Fight LLC reportedly hold 80% of $TRUMP supply on a multi-year unlock, per reporting on the token terms. Does not establish: The realized value of the retained supply, which is price-dependent and partly locked. | Reuters ABC News |
On the timeline
- 2025-01-17 Business $TRUMP memecoin launches days before the inauguration
- 2025-04-23 Business $TRUMP website announces a private dinner for the token's top 220 holders
- 2025-05-22 Business Dinner for the top 220 $TRUMP holders at Trump National Golf Club, Virginia