Former President Donald Trump may have violated federal law by using the official presidential seal during a private event promoting his $TRUMP meme coin, raising ethical and legal concerns.
Trump’s Crypto Dinner: A Legal Gray Area?
At an exclusive investor dinner held at Trump National Golf Club in Virginia, Trump addressed top buyers of his $TRUMP cryptocurrency—a venture reportedly managed by his sons, Eric and Donald Trump Jr. The event featured a podium displaying the presidential seal, potentially implying government endorsement of his private business.
Why This Could Be Illegal
Under U.S. law (18 U.S. Code § 713), unauthorized use of the presidential seal to falsely suggest government approval is a crime punishable by up to six months in jail. Legal experts argue Trump’s display of the seal while promoting a for-profit crypto scheme could violate this statute.
Controversy Over “Pay-to-Play” Access
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$394 Million Spent for Entry: Investors reportedly spent huge sums to buy $TRUMP tokens for access to Trump, per NBC News and blockchain firm Nansen.
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Foreign Investors Raise Alarm: Many attendees were non-U.S. citizens, sparking concerns over potential foreign influence.
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Protesters Call It “Grift Gala”: Over 100 demonstrators, including Sen. Jeff Merkley (D-OR), condemned the event as “the Mount Everest of Corruption.”
White House Defends Trump’s Actions
Press Secretary Karoline Leavitt dismissed criticism, stating Trump attended “in his personal time” and that it was not an official White House function.
Ethics Watchdogs Sound the Alarm
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“One of the most blatant cases of selling presidential access” — Citizens for Responsibility and Ethics in Washington (CREW)
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“A dangerous precedent for crypto corruption” — Government transparency advocates
Legal & Political Fallout Ahead?
While no charges have been filed yet, the incident adds to ongoing scrutiny over:
✔ Trump’s blending of business and politics
✔ Cryptocurrency’s role in political fundraising
✔ Potential foreign financial influence
