Top TRUMP token holders to meet Trump at Mar-a-Lago

President Trump will host up to 297 holders of the Official TRUMP token at Mar-a-Lago on Saturday, including crypto executives and investors, an event drawing ethics scrutiny.

President Trump will host up to 297 holders of the Official TRUMP token at his Mar-a-Lago estate on Saturday. The token’s promoters listed invited attendees including Tether CEO Paolo Ardoino, Upbit founder and CEO ChiHyung Song, Bitcoin advocate Anthony Pompliano and Anchorage Digital co-founder and CEO Nathan McCauley. Invitations are based on a leaderboard of top token holders maintained by the project’s promoters.

There was no public confirmation that Tron founder Justin Sun will attend. Sun holds the top spot on the leaderboard with 2.4 billion points and is an investor in World Liberty Financial, a Trump family crypto venture. Sun has filed a lawsuit against World Liberty alleging the platform froze his tokens and threatened to burn them.

World Liberty co-founder Eric Trump criticized Sun on social media, calling the lawsuit “ridiculous” and referencing Sun’s 2024 purchase and consumption of a work of art for $6 million.

Lawmakers and watchdog groups raised ethics concerns about the luncheon, noting that private events at the president’s residence with paying supporters can present potential conflicts of interest. The nonprofit Citizens for Responsibility and Ethics in Washington posted on BlueSky that “crypto wallets associated with [TRUMP] have engaged in financial maneuvers that make it difficult or impossible to track how much Trump may be profiting from the burst in trading.” The group noted that small fees on each trade could allow the president to profit from trading volume even as the token’s price fell.

The TRUMP token launched days before Trump’s January 2025 inauguration. Its price fell from an all-time high near $45 to below $3 at the time of publication, a decline of more than 93 percent. The token’s structure collects a small fee on each trade, which project critics say could generate revenue for organizers or for accounts tied to the venture if trading activity rises.

A similar dinner for TRUMP holders took place in May 2025 and included Synthetix founder Kain Warwick and Kronos Research chief investment officer Vincent Liu. One attendee from that event, Morten Christensen, told reporters he invested about $1,200 to secure a seat last year and reportedly paid about $500 for a seat at Saturday’s event. Christensen said he believes Trump’s standing in the crypto community is weaker now than shortly after the inauguration, citing tariffs and market losses in crypto.

Organizers have not released a full guest list, and spokespeople for some named individuals did not immediately confirm attendance. The event’s timing and guest mix prompted renewed requests from watchdogs and some lawmakers for greater transparency about financial ties and any benefits that could result from private meetings between the president and paying supporters.

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