when President Trump’s new tariff The shipping movement that started to strangle, Trucking Fair Technologies used an unconventional way to try to attract the attention of the president.
The California -based company has bought a value of $ 2 million Trump currencySignature Current Signature Significant Mr. Trump. President and his family Trump coin launched Days before he took office in January. Anyone can buy encrypted currency. Analysis Company says that the family of Mr. Trump and supporters of others have collected more than $ 300 million of transactions fees so far.
Donald Quinby, financial manager of Freight Technologies, told CBS News that the purchase process appears to be “the best platform for us to conduct a splash, to make some noise.”
“With Mimi Trump’s code, this was just an opportunity to defend free and fair trade,” Quebby said. “I am sure he likes to follow those who buy his coins.”
In April, the Trump family announced a “intimate special dinner” with the president at Mr. Trump Golf Stadium in Virginia to reward the largest buyers from Trump Quinn, or $ Trump. A Leaders It was created so that buyers can compete with each other. Buyers eventually spent $ 140 million Try to secure access To the event, according to the Inca Digital Data Analysis Company.
Trumpdinner. steettrumpmemes.com
Some of the $ 220 buyers have received tickets for dinner. Mr. Trump will also host a smaller reception for the 25 best holders of the symbol. Experts said that the guests are benefiting from a new opportunity to reach and possible influence in a long history of mixing money and politics.
“This is really unprecedented,” said Jessica Telipman, a law professor at George Washington University. “It seems that this president can benefit from the private sector from something in the open.”
The White House pushed back to the idea that the party dinner or the role of the president in promoting the cryptocurrency currency across any moral lines. Administration officials said they did not agree to a preliminary plan indicating that the major buyers of the Meme Coin product will get a White House tour.
“This is a personal dinner attended by the president in his personal time,” a White House official told CBS News in a statement. “The White House has nothing to do with it.”
Trump buyers bonuses are encrypted currency
Meme currencies are a type of cryptocurrency that leads its value to a large extent by the uproar of social media. It is not usually used in transactions, and is known for irregular price transformations. Its climax reached $ TROMP about $ 75 in a short period of launch and decreased to less than 8 dollars by April 2025, however The value increased after dinner With Mr. Trump was announced.
Among those present at a dinner on Thursday Justin SunA Chinese birthday billionaire and the largest carrier of Trump. Sun is $ 8.5 billion, according to Forbes, and is known to create Tron Blockchain. He was also a buyer who paid $ 6.2 million for a Banana channel registered on the wall By the artist Maurizio Katilan. The sun immediately ate the fruit.
The sun was A lawsuit against the administration by the Biden Administration He claimed “secondary market treatment” and pushing celebrities to promote a code of encryption created by his company “without revealing their compensation.” Earlier this year, the Securities and Stock Exchange Committee suspended the lawsuit as part of the Trump administration’s wider turning Reducing the enforcement of the encryption.
Bloomberg 
Sun also said his company invested tens of millions in the world, the global ink linked Trump. but Anonymous nature of the cryptocurrency The sun and other foreign buyers are allowed to reach power with a little transparency.
“It is almost similar to the ideal type of transparent structure for any kind of foreign government, or, as you know, non -American citizens who wanted to try to search He said.
Experts raise concerns about conflicting interests
Tillipman compare the Trump family Involving in the encrypted currency to Art sales Hunter Biden During his father’s management.
“The argument was [purchasers of Hunter Biden’s artwork] She said it could be used to influence “President Joe Biden at the time.
Like encrypted currency, “Many of these types of transactions are mysteriously vague because you don’t know who buys it. You don’t know who is the buyer,” said Telepmann. She pointed out that in reality, the Biden administration tried to distance the president from transactions by saying information about buyers and transactions It will remain secret By the exhibition owner.
However, she said, “There were a lot of legitimate fears associated with this appointed deal, as there was fear that President Biden’s back door would be” through a family member.
“The difference here is just arranging the size and the sharing of the president itself,” Telipman said. Hunter Biden was recorded about $ 1.5 million by the end of his father’s presidency, compared to the most profitable Trump family encryption.
Mr. Trump has previously pledged social media, “to ensure that the United States is the world of encryption in the world.” He and his older children also support Exchange of the world’s exchange of financial freedomAnd the cryptocurrency is about $ 2.9 billion of the net value of Mr. Trump, according to Modern report.
On Monday, the Senate Applying the Genius LawWhich will organize stablecoins, a type of cryptocurrency associated with the value of the original such as the US dollar or gold. It tends to fluctuate lower than Meme currencies, but it allows the same out of transactions. Some Democrats retreated against the bill, citing the property of Mr. Trump for encryption and called on anti -corruption rules.
“This is corruption in the open.” “The genius law will charge Donald Trump’s ability to raise money from anyone who seeks pardon, who wants to relief the tariff, which wants to decrease criminal prosecution.”
The White House rejected criticism that Mr. Trump’s support for the encryption sector represents a conflict of interests.
“All the president’s origins are blind, run by his children, and I would like to claim, one of the many reasons in which the American people were re -elected this president to this office is that he was a very successful businessman before serving him in our country publicly,” journalist Caroline Levitte said at a press conference on Thursday.
Quinby found that buying a Mimi currency immediately did not reach the president. The charging techniques did not reach the leading board, but they are ready to continue spending. The truck transport company in public securities files stated that its investments at $ Trump may eventually reach $ 20 million, if this is what it takes to attract the attention of Mr. Trump. Even if they lose money on the market, Quinby believes it is worth risking.
“We believed that our ability to go out there and defend fair and free trade, we thought it was worth it,” Quebby said.
