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At Trump's $148 million meme coin dinner, 'the food sucked' and security was lax, attendee says

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Trump's meme coin dropped 16% the morning after a black-tie gala for buyers, triggering political backlash that threatens to derail stablecoin legislation.
On May 23, 2025, former President Donald Trump hosted a dinner at Mar-a-Lago for investors and promoters of the "Trump Meme Coin," a cryptocurrency that has gained significant attention and value in recent months. The event, attended by key figures in the crypto and meme communities, aimed to strengthen ties between Trump and the burgeoning digital asset sector. During the dinner, Trump expressed his support for cryptocurrency innovation and hinted at potential future policies favorable to the industry if he were to return to office. The gathering also served as a platform for discussing the broader implications of meme coins on financial markets and their role in political fundraising.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/05/23/trump-meme-coin-dinner.html ]