A multi-million-dollar payoff to President Trump from 220 investors in his cryptocurrency is taking place tonight at the Trump National Golf Club in northern Virginia.

The dinner is being held after an auction of the president’s cryptocurrency, a $TRUMP memecoin, that brought in $147,586,796.41. The event is being promoted as the “most EXCLUSIVE INVITATION in the world,” according to an email about the event.

The top 25 crypto buyers will get an “ultra-exclusive private VIP reception” and “Special VIP Tour” with the president. Bloomberg looked at the buyers and concluded that 19 of the top 25 were individuals from outside the United States, many likely making the purchases to gain access to the Trump administration. Early on the promotion promised “a Special V.I.P. White House tour” for the top 25 coin holders. That reference to the White House visit was subsequently deleted, but the visit by 25 donors still went ahead on Friday, May 23.

Heather Cox Richardson has reported that  many of the top purchasers “dumped their $TRUMP coins as soon as they made the cut for the dinner.” The coin was launched around January 17, 2025. Its value skyrocketed to an all-time high of $74.27 on January 19, 2025. However, within two days, the price dropped by more than 50% to $31.61. The latest $TRUMP price on May 23 was $13.19.

Incredibly, President Trump has refused to identify the attendees.

“On the president’s dinner tonight, will the White House commit to making the list of the attendees public so people can see who’s paying for that kind of access to the president?” a reporter asked White House press secretary Karoline Leavitt at a White House press briefing on Thursday. 

“…the president is attending it in his personal time, it is not a White House dinner, it is not taking place here at the White House,” Leavitt responded.

“In his personal time”? Give me a break.

The President of the United State is president 24/7/365. He cannot go “off the clock” when he wants to avoid scrutiny. He cannot raise money from secretive donors “on his own time”. 

Leavitt also rejected any suggestion that Trump was acting inappropriately by hosting the dinner or subsequent events. “It’s absurd for anyone to insinuate that this president is profiting off of the presidency,” she said. 

But the fact is a business entity tied to the Trumps sits on a pile of the $TRUMP cryptocurrency and collects fees every time the coins change hands. So far, the coin has generated at least $320 million in fees, which the Trumps share with their business partners. 

In one of the most brazen excuses for Trump’s behavior, Speaker of the House, Mike Johnson, explained his lack of concern about mounting allegations of corruption inside the White House with, “President Trump does everything out in the open. He’s not trying to hide anything. He’s putting it out there so everybody can evaluate for themselves.” 

Multiple media have challenged characterizations of Trump’s purity. 

“…no modern American president has positioned his family to make so much money while in the White House,” Bloomberg reported yesterday, May 21. “Already, since the early days of his reelection campaign, he’s more than doubled his net worth to about $5.4 billion. In that time, the Trump name has powered more than $10 billion of real estate projects, a multibillion-dollar valuation for his money-losing social-media company, more than $500 million in sales from just one of his crypto ventures and millions of dollars more from stakes in companies that offer financial services, guns and drone parts.” 

Where’s the outrage?