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A VIP Seat at Donald Trump’s Crypto Dinner Cost at Least $2 Million
The largest holders of Donald Trump’s memecoin have secured spots at a private event with the US president himself. WIRED tracked how they did it.
The second place holder, MeCo or “MemeCore,” asked users on X to send $TRUMP to their wallet to boost their ranking, promising a full refund at the end of the contest. In Congress, Democrat lawmakers are attempting to push through legislation that would prevent elected officials from releasing their own memecoins, to offset the risk that these coins could facilitate bribery or open the door to foreign influences. Though the MEME Act stands little chance of being written into law because of the Republican congressional majority and the strength of Trump’s hold over his party, it signals growing discontent over the president’s involvements in cryptocurrency.
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