US President Donald Trump’s much-touted crypto dinner is turning into a major crypto event with invitations to a Chinese billionaire and Tron founder Justin Sun. Tomorrow, 22 May 2025, the Trump National Golf Club in Virginia will host a Gala dinner or the “once-in-a-lifetime memorable evening” for the top 220 holders of Trump’s $TRUMP memecoin. The guest of honor is none other than Trump himself. Surprise!
Once sued by the US Securities and Exchange Commission (SEC), Sun has publicly confirmed his attendance. This comes shortly after Trump dropped charges against Sun. As it turns out, Sun is the largest holder of the $TRUMP token – $19 million worth. Furthermore, he has invested $75 million in Trump’s World Liberty Financial.
#JustinSun, the Chinese-born cryptocurrency entrepreneur confirmed on Tuesday that he will attend #US President Donald #Trump’s exclusive gala dinner as the top holder of the $TRUMP memecoin. https://t.co/9ZdV7Bo0Ba#Crypto #TrumpCoin #Bitcoin #memecoin pic.twitter.com/k0w75Scotb
— Shanghai Daily (@shanghaidaily) May 21, 2025
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Trump’s Gala Dinner: An Intersection of Politics and Crypto
A few more have confirmed their attendance publicly. MemeCore is sending a representative. Australian crypto investor, Kain Warwick, is also flying for the event. Eighteen out of the 25 holders of Trump’s memecoin have interacted with the foreign crypto exchange Binance, according to a Fortune analysis.
The dinner is a fulfilment of Trump’s promise made by him in April, when he announced that the largest holders of his memecoin would be invited to the gala. Netizens are calling this event an intersection of politics and crypto.
Meanwhile, US Senator will join a protest over ‘pay-for-access’ concerns. Rep. Maxine Waters said, “I am deeply concerned that Republicans aren’t just ignoring Trump’s corruption, they are legitimizing Trump and his family’s efforts to enrich themselves on the backs of average Americans.”
Just a few days ago, House Democrats staged a walkout as a protest against Trump’s corruption.
With Sun at the head of the table, protests are brewing outside. Trump’s direct involvement in memecoin ventures, and now stablecoin ventures, has raised ethical questions.
US Senator Jeff Merkley will be joining the protest organized by the ‘Public Citizen’ outside Trump’s Gold Club dinner.
Most attendees at Trump’s private memecoin dinner this week will likely be foreign buyers, according to CNBC.
One of the top buyers is Chinese crypto billionaire Justin Sun, who was facing fraud charges until Trump’s SEC dropped them.
Call it what it is: corruption.
— Robert Reich (@RBReich) May 19, 2025
While Eric Trump has dismissed the protest, a White House spokesperson said that teh President is working to secure good deals for the American people, not for himself.
Despite the controversies, the event is expected to be a networking hub for with crypto industry leaders.
Sun is no stranger to high-profile events. In 2019, he famously won a charity lunch with none other than Warren Buffett for $4.57 million.
Trump’s “crypto dinner” is literally selling the power of the US president to the highest foreign bidders.
THIS IS TOTAL BRIBERY — and an unconstitutional violation of the Emoluments Clause. pic.twitter.com/IWVOq5DQqk
— Tristan Snell (@TristanSnell) May 7, 2025
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Key Takeaways
Trump’s Memecoin Gala will be attended by Chinese billionaire and Tron founder Justin Sun. He is the largest holder of the $TRUMP token – $19 million worth. Furthermore, he has invested $75 million in Trump’s World Liberty Financial.
Meanwhile, US Senator will join a protest over ‘pay-for-access’ concerns.
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