Donald Trump’s Latest Crypto Corruption: A Mar-a-Lago Party for His Coin Buyers

Mother Jones
by Russ Choma
April 17, 2026
2 views
4 min read

Quick Insights

The Bottom Line

President Trump is hosting a Mar-a-Lago event for top buyers of his $TRUMP meme coin.

How This Affects You

If you invested in $TRUMP or $MELANIA meme coins, you may have lost money, as they have erased an estimated $4.3 billion in retail wealth.

AI Summary

President Donald Trump is hosting a "conference" at Mar-a-Lago on April 25 for the top 297 holders of his $TRUMP meme coin, including a gala lunch. The top 29 coin holders will receive a VIP Reception with the President and other "Superstar guests." This event follows a similar gathering last May at his Virginia golf course for top $TRUMP holders, some of whom received a White House tour. Three Democratic senators, Elizabeth Warren, Adam Schiff, and Richard Blumenthal, sent a letter to Fight Fight Fight LLC, the company managing the coin, asking for more details about the gathering and noting that $TRUMP and $MELANIA coins have erased an estimated $4.3 billion in retail wealth. Attendees will receive merchandise like a red Trump watch and a commemorative poster, but the event's fine print states there is no guarantee Trump will attend.

What's Being Done

Three Democratic senators sent a letter to Fight Fight Fight LLC requesting details about the gathering and the meme coin operations.

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