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Trump Meme Coin Contest Over Dinner With the President Raises Ethics Concerns

The top 185 buyers of Trump’s meme coin, which has lost investors billions, are promised dinner with the president.

President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House in Washington, D.C., on August 19, 2026.

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The company behind US President Donald Trump’s meme coin has launched a competition giving participants an opportunity to attend “the most exclusive dinner in the world” — all they have to do is buy a digital token with no inherent value that has lost investors billions of dollars while further enriching the president.

The Washington Sun reported Thursday that winners of the competition, held by CIC Digital and Fight Fight Fight LLC, “will be chosen based on a formula that seems designed in part to increase sales of $TRUMP in the next two months.” The event invite promises the top 185 holders of the meme coin an evening with three unidentified “legends” and Trump, “plus a private meet and greet with a legend yet to be announced,” at the president’s golf club in Virginia.

The November 22 dinner will mark the second exclusive event for holders of Trump’s meme coin, which has netted the president at least $635 million, according to recent financial disclosures.

Investors in the digital token haven’t fared nearly as well: The cryptocurrency analytics firm Nansen has estimated that nearly a million people who purchased the meme coin through the end of June 2026 had combined losses of around $4 billion.

Last May, the top buyers of Trump’s meme coin — including Chinese billionaire Justin Sun, who has poured tens of millions of dollars into the president’s crypto ventures — attended an exclusive dinner at Trump’s Virginia golf club and received a VIP tour of the White House. Ethics experts and other critics described the event as “corruption embodied.”

News of the second dinner sparked similar outcry. “This is the most brazenly corrupt shit I have ever seen in politics and it’s not even close,” wrote Tommy Vietor, a podcast host and former spokesperson for Barack Obama.

Rep. Greg Landsman (D-Ohio) characterized the event as “the most exclusive dinner in the world with the most corrupt president in American history.”

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