Odaily Planet Daily News Trump has arranged two cryptocurrency-themed dinners this month - one for well-funded political donors and the other for "Meme Coin" millionaires.
The first dinner is scheduled for Monday, with a fundraising amount of $1.5 million per person, making it one of the most expensive political fundraisers in recent times. The second dinner will be held on May 22, and participants will have the opportunity to get in touch with Trump's inner circle. However, the way to participate is not through cash donations, but holding TRUMP tokens.
The "Cryptocurrency and Artificial Intelligence Innovators Dinner" hosted by MAGA Inc. was held on May 5, and Trump and David Sacks will attend.
The committee that received the funds, MAGA Inc., is a super political action committee (Super PAC) that supports Trump. It is not clear how the PAC will use the millions of dollars it raised through a series of dinners in the spring.
The cryptocurrency community has cheered Sacks’ growing influence in Washington, saying he and other Trump appointees have helped pull off a policy U-turn that has resulted in a series of regulatory wins at multiple federal agencies, which many industry executives have described as a 180-degree turn from the policies of President Joe Biden’s administration.