According to CBS News, on April 23 local time, US President Donald Trump's cryptocurrency, $TRUMP meme coin, issued an "invitation" on its official website, inviting the top 220 holders of the cryptocurrency to attend a private dinner with the President. The announcement caused the value of the $TRUMP meme coin to surge significantly, but it also drew sharp criticism from some US lawmakers and anti-corruption organizations.
Recently, Trump called on his supporters via social media to "buy US stocks." Less than four hours later, he abruptly announced a 90-day suspension of "reciprocal tariffs" on most trade partners, causing US stocks to skyrocket. Meanwhile, Trump's close ally, billionaire Elon Musk, saw his net worth increase by US$36 billion (approximately HK$280.8 billion). Financial experts and Democrats have accused Trump of manipulating the market to enable his family and allies to profit massively through insider trading.
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'Blatant corruption': Trump invites top $TRUMP meme coin holders to exclusive private dinner
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