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U.S. Senator Questions Trump's Use of Meme Coin Luncheon to "Peddle" Access Opportunity

U.S. Senator Questions Trump's Use of Meme Coin Luncheon to "Peddle" Access Opportunity

BlockBeatsBlockBeats2026/04/10 03:54

BlockBeats News, April 10th, according to Politico, three U.S. senators questioned Trump's use of a luncheon event as bait to promote the purchase of TRUMP coin by showing favoritism to attendees.


Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal have written to the event organizers requesting relevant documents to understand Trump's role in the planning, promotion, and potential profits of the April 25 event at Mar-a-Lago. The event was limited to investors holding TRUMP tokens ranked in the top 297.


It is worth noting that on the same day, Trump was also scheduled to attend the White House Correspondents' Association dinner in Washington, raising questions about his ability to attend both events. The event terms also stated that Trump "may not be able to attend." The senators pointed out that the organizers, in the face of uncertainty about Trump's attendance, still used "contact with the president" as a selling point, effectively encouraging the purchase of the Meme coin they issued to profit Trump and his family.

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