Trump's two crypto dinners in May raised questions about conflicts of interest, and the politicization of crypto regulation has intensified

Mars Finance News, on May 6, according to TheBlock, Trump has arranged two cryptocurrency-themed dinners this month - one for wealthy political donors and another for "meme" coin millionaires. The first dinner is scheduled for Monday local time, with a fundraising fee of $1.5 million per person. The second dinner will be held on May 22, where participants can access Trump's inner circle by holding TRUMP tokens. This has raised questions from senators Elizabeth Warren and Adam Schiff about the intersection of Trump family's crypto interests and national policies. The controversy focuses on the May 22 dinner for TRUMP token holders, which is accused of "exchanging presidential special reception rights for commercial investment". The newly added MAGA crypto fundraising dinner starts at $1.5 million per seat, creating a record-breaking political fundraising price. The Trump family's crypto interest chain is also controversial, with their family and controlled entities owning 80% of TRUMP token supply. According to Chainalysis data, TRUMP tokens have generated $325 million in transaction fees for insiders. Trump denied this in a recent NBC interview: "The token price is meaningless, and I have not profited from it". Democrats have been continuously pressuring to investigate the Trump family's investment through USD1 stablecoin from the UAE. The timing of these two dinners coincides with key debates on stablecoin legislation and market structure, which will further politicize the crypto regulatory process.