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This month, U.S. President Trump has scheduled two high-profile encryption-themed dinners, one aimed at tech financiers and the other open to Large Investors of his official Meme Token $TRUMP. This move has not only sparked ethical controversies but has also reignited strong doubts about potential conflicts of interest both inside and outside Washington.
"Crypto&AI" dinner, starting at 1.5 million dollars per table
The first fundraising dinner named "Crypto&AI Innovators Dinner" was hosted by MAGA Inc. on May 5 in Washington, D.C., with single tickets starting at $1.5 million, making it one of the most expensive political fundraising events in the United States in recent years. The dinner guests included the White House AI (AI) and cryptocurrency czar David Sacks, who is responsible for shaping the Trump administration's regulatory policy on encryption and artificial intelligence.
Despite Trump's constitutional restrictions preventing him from seeking a third term, MAGA Inc. raised substantial funds this spring through a series of fundraising dinners. There is public interest in how these funds will be used, and questions have been raised about whether the close interactions with certain industry figures involve policy exchanges.