logo
Inside Trump's big-spender meme coin dinner: Presidential seal and food that looked ‘worse than Spirit Airlines'

Inside Trump's big-spender meme coin dinner: Presidential seal and food that looked ‘worse than Spirit Airlines'

Independent23-05-2025

A black-tie gala thrown for the top 220 buyers of Donald Trump's meme coin Thursday night at his Virginia golf club featured the president flying in on Marine One and speaking at a lectern emblazoned with the presidential seal, despite the White House arguing that it was a 'private' event and he was 'attending it in his personal time.'
But while the event prompted ethics experts to warn that Trump has crossed a line by potentially profiting directly from his presidency while simultaneously allowing crypto enthusiasts and others to buy access to the office, leaked footage and reports from inside the event reveal that some attendees came away highly disappointed.
Particularly over the meal, which left a lot to be desired. While the menu for the evening was a filet mignon with demi-glaze and pan-seared halibut with a citrus reduction, what was served to the guests wouldn't have looked out of place at Ikea — albeit served on dinner plates emblazoned with a gilded 'Trump Washington, D.C.' logo.
'It was the worst food I've ever had at a Trump golf course,' TikTok personality Nick Pinto, who gained entry by investing $300,000 in the Trump family cryptocurrency, told Wired. 'The only good thing was bread and butter.'
While Pinto said he left the gala hungry, another attendee also gave subpar marks for the food.
'OK, but not top-class,' the guest reviewed the fare served him at the Trump National Golf Club.
After Wired reporter Matthew Champion posted a picture – shared with him by one of the attendees – of a sad plate of food served at the event, it didn't take long for the mockery to go into full swing.
'I've had better food on Spirit Airlines,' snarked CNBC correspondent Steve Kovach, who was not at the event, referencing the discount airline.
Indeed, the photo showed a minuscule portion of food on the large, white-with-gold-leaf Trump plate. A handful of orange sticks – perhaps carrots – sat alongside a lonely slice of squash, while it appeared an ice cream scoop was used to add a dollop of yellow mashed potatoes on the dish. The small piece of halibut looked more like dry chicken, and the filet was covered in brown gravy but still appeared extremely overcooked.
'[T]hey used the catering service from the fyre festival lol,' The Ringer senior staff writer Joel Anderson reacted, invoking the fraudulent 'luxury' music Fyre festival that resulted in a prison sentence for its organizer who had promised gourmet food and accommodations to a Bahamas music festival that in reality amounted to slices of cheese on white bread and flimsy, leaking tents.
Of course, the guests weren't at Trump's gala for the food – they were hoping to get some face time with the leader of the free world. But that, too, brought about some disappointment from those gathered.
After Trump arrived at the golf course via his presidential helicopter, he delivered a 25-minute by-the-numbers speech that only briefly touched on cryptocurrency.
'I think it's really got a great, great future,' Trump said in one clip shared online. 'I think you're on the cutting edge. Everyone think it is just the beginning. And I can just say that we are, we're believers in the whole administration. We're big believers.'
In a separate clip shared by Justin Sun, a Chinese billionaire known for his publicity stunts who has spent more than $20 million on the $TRUMP meme coin, the presidential seal was clearly visible on Trump's lectern.
White House press secretary Karoline Leavitt had previously tried to head off any criticism over the gala, which included The Wall Street Journal editorial board accusing Trump of using his office to enrich himself and his family, by merely insisting it wasn't an official event.
Asked during Thursday's press briefing about the likelihood that most of the top buyers were foreign investors and whether the administration would publish a list of the attendees so the public knew who was buying access to the president, Leavitt said: 'The president is attending it in his personal time. It is not a White House dinner, it's not taking place here at the White House.'
She also grumbled that it was 'absurd for anyone to insinuate that this president is profiting off of the presidency.'
Since the meme coin's debut in January, Trump's businesses have made over $300 million in sales and $43 million in total fees, according to a Washington Post analysis. After the dinner was announced last month, Trump and his business partners have brought in over $3 million in transaction fees alone.
Sun, meanwhile, was charged in 2023 by the Biden-era Securities and Exchange Commission with fraud and market manipulation. Those charges were put on hold by Trump's SEC after Sun invested $75 million in another Trump family crypto project, World Liberty Financial.
While neither the White House nor the gala organizers made the list of the 220 top buyers public and the event was closed to the press, raising additional ethical concerns over the secrecy, Sun said that he topped the buyer leaderboard.
'The contest to attend the crypto dinner ran from April 23 to May 12, and it was not immediately clear how much the meme coin buyers paid to attend the event,' the Washington Post reported. 'The top 25 on an online leader board set up by the Trump-affiliated business to rank their spending hold a total of $140 million in Trump coins.'
While the top 25 on the list were invited to an 'ultraexclusive private VIP reception,' it appeared that the president only spent a short amount of time at the event and didn't even stick around to hand out prizes to the top purchasers of his cryptocurrency.
'Trump could have at least given the top people their watches himself,' Pinto groused. 'He didn't.'
While some attendees told Wired that their overriding memory of the event would be the 'warm welcome' they received as the gala kicked off, walking into the dinner was a whole different story.
Guests, which included one-time NBA star and Kardashian beau Lamar Odom, were greeted by a horde of booing protesters who chanted 'shame, shame, shame' while holding up signs that read 'Stop Crypto Corruption' and 'Don the Con.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Report: Trump plans to save TikTok for a third time
Report: Trump plans to save TikTok for a third time

Daily Mail​

time9 minutes ago

  • Daily Mail​

Report: Trump plans to save TikTok for a third time

Published: | Updated: President Donald Trump plans to save Tiktok from going dark for a third time. Ahead of a June 19 deadline, the president is expected to sign an executive order staving off enforcement of a law banning the app or forcing its sale, the Wall Street Journal reported. This would be the third extension since Trump took office on January 20th. The extension comes as Trump officials head to London for a Monday meeting with Chinese officials on a trade deal. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and United States Trade Representative Jamieson Greer will be meeting at the meeting. 'The meeting should go very well. Thank you for your attention to this matter!,' Trump wrote on his Truth Social account. He and Chinese President Xi Jinping spoke on the phone Thursday as both sides try to repair a breakdown in trade negotiations. Earlier this year, the administration had been working on a deal for American investors to take ownership of the popular video app but that deal fell victim to Trump's trade war with China . So, on April 4th, Trump signed an executive order granting a 75-day extension allowing TikTok to operate in the U.S. 'My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,' he announced on Truth Social at the time. Several American companies have expressed interest in having a stake in Tiktok, including Amazon, Wal-Mart, and Oracle. TikTok is one of the most powerful media sources in America today. It has 135.79 million users in America, making it the country with the biggest audience on the map. It also has grown to be one of the largest online shopping marketplaces with millions of dollars in daily sales. Congress passed the TikTok ban in 2024 with overwhelming bipartisan support demanding China lose its control of the popular video service. Lawmakers had national security concerns that an app used by so many Americans was controlled by China and feared the Chinese company that owns, ByteDance, could use it as a way to collect information on Americans. TikTok fought the ban all the way to the Supreme Court, calling it a violation of free speech rights, but the court upheld the law in early 2025. ByteDance didn't agree to terms with any US-based companies and went dark for a few hours on January 19th, the day before President Trump's inauguration. But Trump has fought to keep the social media site operational in the US. After his inauguration, he signed a delay in implementing the ban, then extended it again in April and is preparing for the third extension. Trump sees the app as a way to reach younger voter. He has indicated he'd like to come to a deal. 'We'll probably have to get China's approval. China's never easy,' he said last week. 'I'd like to save TikTok. I mean, TikTok was very good to me.'

What caused Trump & Elon Musk's explosive fallout? – from NASA spat to key role of Don's teen relative, I know the truth
What caused Trump & Elon Musk's explosive fallout? – from NASA spat to key role of Don's teen relative, I know the truth

Scottish Sun

time15 minutes ago

  • Scottish Sun

What caused Trump & Elon Musk's explosive fallout? – from NASA spat to key role of Don's teen relative, I know the truth

The smart money was always on these two galactic-sized egos falling out HARRY COLE What caused Trump & Elon Musk's explosive fallout? – from NASA spat to key role of Don's teen relative, I know the truth THE richest man in the world going toe-to-toe with the most powerful man on the planet . . . what could possibly go wrong? And has the most outlandish politician in American history finally met his match? Advertisement 7 Elon Musk, left, looks down on Donald Trump during a White House press conference Credit: AP 7 Musk toured the swing states at last year's election telling the world that Trump was the greatest thing since sliced bread Credit: AFP 7 Trump was considering selling his own Tesla, which has spent weeks parked outside the Oval Office Credit: AP From the moment neuro-diverse rocket man Elon Musk backed New York real estate heavy Donald J. Trump to return to the White House, the smart money was on these two galactic-sized egos falling out. I hear it's the galaxy and beyond that has been at the centre of their tensions, but more on that later — as last night Washington was awash with claims Musk's attempts to befriend Kai Trump, the 18-year-old future golf star granddaughter of the President, also played a hefty part in the atomic row. 'Bankrupting America is not OK – kill the bill' But the powerful pair certainly have fallen out, trading public blows on their social media sites of choice — the very tech platforms that have both made them and could yet see them crash to back down to earth. Asked if they could reconcile yesterday, Trump slammed Musk as 'the man who has lost his mind'. Advertisement In the end, the most famous bromance in political history lasted less than a year, and the fallout risks dragging them both down. Musk claims credit for his $300million in donations swinging the election Trump's way, while the White House says that's fake news and the car salesman is sulking because he's not getting much bang for his buck. The pair clashed publicly over Trump's so-called 'Big Beautiful Bill' — legislation that he says will deliver a slew of campaign promises like banning taxes on tips for millions of American workers. 7 Trump was tiring of Elon's 'ketamine-fuelled' antics Credit: AFP Advertisement 7 Richest man in the world Musk is going toe-to-toe with the most powerful man on the planet Credit: AFP But Musk — appointed to the administration to cut eye-watering federal expenditure — baulked at the increase in government spending tacked on to the law by Congress, branding it an 'abomination'. He irked Trump by urging senators to vote it down, adding it could be 'big or beautiful but it cannot be both'. Musk raged on social media: 'This spending bill contains the largest increase in the debt ceiling in US history! It is the Debt Slavery Bill… Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL.' Advertisement Trump crushes hopes of 'peace talks' call with Musk as he insists Elon has 'lost his mind' after feud went nuclear It's a long cry from when Musk toured the swing states at last year's election telling the world that Trump was the greatest thing since sliced bread and organising well-oiled get-out-the-vote operations. But behind the scenes I'm told Trump was already at the end of his tether with Musk who some sources accuse of 'gurning away' on the campaign trail and in meetings. Brought in to help slash costs through his Department of Government Efficiency, tensions reached a head after the New York Times ran a well-sourced hit piece accusing Musk of enjoying recreational drugs such as ketamine and ecstasy throughout his brief foray into politics. Those claims were not denied when Musk was confronted by Fox News in an Oval Office press conference last week. Advertisement Musk's coterie of love-children and his stated desire to help repopulate the planet with, what his former lovers have claimed, he calls genius offspring have also rubbed Trump up the wrong way. Teetotal Trump wanted rid of him but also wanted to give his big donor a decent goodbye, so lavished praise on him after he departed as special government employee last week. Yet despite all the niceties, the former allies are locked in a Cold War stand-off this weekend. 7 Devout Trump-backer Steve Bannon called for South African-born Musk to be deported Credit: The Mega Agency Advertisement Will they both retreat to their bunkers and realise mutually assured destruction is in neither of their interests, OR will they be unable to help themselves and launch a thermonuclear blow-out that burns them both up? Musk came close to that on Friday night, with his outlandish allegations that the President was sitting on files about billionaire deceased paedo-financier Jeffrey Epstein — because Trump himself is named as a murky connection. White House sources say that is nonsense and were that bombshell evidence to be sitting in a government file somewhere, surely previous Democrat governments would have leaked it by now. Musk ended his online diatribe with calls for Trump to be impeached, adding a menacing suggestion he could back the Democrats. Advertisement It's a mess, but one that was very obviously cooking Harry Cole Yet even some of his closest allies and supporters were left begging any friend possible to strip Musk of access to his own X platform before he caused any more damage. It's a dangerous game for the mercurial billionaire to play — because the President hit back that he was going to suspend US subsidies and government contracts for the entrepreneurs' many, many firms. Musk's electric car firm Tesla shares were down 14 per cent yesterday — the biggest one-day drop since the company went public, wiping $152billion off its value. And that's before the $3billion personal hit to Musk on the back of an evening of lively tweeting. Advertisement In a further snub, Trump was last night considering selling his own Tesla which has spent weeks parked outside the Oval Office, in a move which could spark a wave of similar fire sales across the US amongst his fans. 'Musk is an illegal alien and should be deported' The Tesla Cybertruck gifted to the President's granddaughter Kai is presumably for the chop too. Meanwhile, the row threatens to spark a wider war between various right-wing camps that run Washington, with implications felt in Congress and across the political spectrum. Devout Trump-backer Steve Bannon called for South African-born Musk to be deported from the US, saying yesterday: 'They should initiate a formal investigation of his immigration status because I am of the strong belief that he is an illegal alien and should be deported from the country immediately.' Advertisement 7 Twitter exchanges between the pair Meanwhile, the self-proclaimed autistic automaker said he could launch a new political party — an idea backed by 80 per cent of the millions of respondents to his social media poll yesterday. But this wasn't just a political knife-fight but also a brawl in the casino of capitalism. In short, it's a mess, but one that was very obviously cooking. Musk is a libertarian, free-marketeer who has his sights on the moon and Mars and beyond. Advertisement Trump is the tariff-loving protectionist who believes it's America First and everyone else can fall in line behind that. Prior to SpaceX, they couldn't even transport their own astronauts to the International Space Station and had to rely on outdated Russian rockets Dr Rainer Zitelmann Add to that their tensions on China that Trump sees as an existential threat to the US, while Musk views it as an opportunity to produce his electric cars on the cheap. It's amazing that things took so long to come to a head. And then it came down to space, where Musk obviously has a major financial interest as the boss of SpaceX — the rocket firm hat has all but colonised America's space projects. Advertisement As top economist Dr Rainer Zitelmann puts it: 'Without SpaceX, the US does not currently have much to offer. "Prior to SpaceX, they couldn't even transport their own astronauts to the International Space Station and had to rely on outdated Russian rockets ­— and paid exorbitant prices to do so. 'SpaceX is responsible for 86 per cent of all US launches.' But things were coming to a head when Trump blocked a Musk ally to take over Nasa last month, infuriating his former 'First Buddy'. Advertisement Moment of maximum danger Insiders say Musk's attempts to take over Nasa were a step too far that left America's future security beholden to a private company run by a wildly unpredictable boss. Sources claimed Musk recently had his high-level security clearances revoked by the White House as tensions mounted, leading to Friday's pyrotechnics. What happens next is a moment of maximum danger for Trump. Brits will be familiar with what happens when a leader and their dangerous right-hand man fall out. Advertisement Boris Johnson found out the hard way that if the snubbed guru bears enough of a grudge, it is fatal. The White House will be hoping this weekend that Elon holds less resentment than equally unstable Dominic Cummings — who spent the year after his No10 ousting doing all he could to unseat and destabilise his former boss. I wonder whether that might be a bit of wishful thinking . . .

JD Vance silence on Musk may be the most Game of Thrones tactic ever — and Trump might not even notice
JD Vance silence on Musk may be the most Game of Thrones tactic ever — and Trump might not even notice

The Independent

time18 minutes ago

  • The Independent

JD Vance silence on Musk may be the most Game of Thrones tactic ever — and Trump might not even notice

The kingdom is in turmoil, the great Houses of Musk and Trump at war, and their subjects forced to choose sides. But as the scheming Littlefinger in Game of Thrones famously said as he plotted to take the King's place: 'chaos is a ladder.' And so it is for JD Vance, the ostensibly loyal vice president, and perhaps the person who stands to benefit the most from the chaos unleashed by the feud between Elon Musk and Donald Trump — which is perhaps why he's remaining uncharacteristically subdued. Vance has never been one to shy away from a fight, especially an online one, especially if it's in defense of his boss. He once launched a 400-word diatribe against historian Niall Ferguson for criticizing Trump's Ukraine policy, slamming his 'moralistic garbage' and 'historical illiteracy.' He had no problem accusing senior members of his own party of ' pettiness ' for voting against what Trump wanted, and mocked world leaders who've had run ins with the president. The practicing Catholic even found himself on the wrong side of the Pope himself when he got into another online beef with British politician Rory Stewart over Trump's deportation policies. So one would expect the online warrior to rush to the defense of his president in response to the firestorm of abuse unleashed by Musk against the president on Thursday, which began with accusations of ungratefulness and ended with claims of him being close to Jeffrey Epstein. But Vance has been remarkably quiet. His only public comment at the time of writing has been the kind of terse statement a wife gives in support of a cheating politician spouse. 'President Trump has done more than any person in my lifetime to earn the trust of the movement he leads. I'm proud to stand beside him,' Vance wrote on X. The next day, he continued with his lawyerly posts. 'There are many lies the corporate media tells about President Trump. One of the most glaring is that he's impulsive or short-tempered. Anyone who has seen him operate under pressure knows that's ridiculous,' he wrote. 'It's (maybe) the single biggest disconnect between fake media perception and reality,' he went on. Where was the combative Vance who demanded the Ukrainian president say thank you to his boss in the Oval Office? The one who told Kamala Harris to 'go to hell' over the Biden administration's handling of the withdrawal from Afghanistan? Instead, Vance did not utter Musk's name in the 24 hours since the feud burst into the open. Vance was asked by Trump to remain diplomatic in his dealings with Musk, The Independent learned from a source familiar with the situation. Regardless, the VP has other motivations for keeping quiet. For years, he has been dogged by rumors of dual loyalties between the tech billionaires who fueled his rise and the president he now serves. Vance first came to public attention as the best-selling author of Hillbilly Elegy, a memoir of a rough Appalachian upbringing that many liberals praised as an intellectual explanation of Trump's appeal to the white working class. But before that book set him on a path to Congress and the Senate, he was already being courted by a set of right-wing tech billionaires known as the 'PayPal mafia' — the billionaires Musk, David Sacks and Peter Thiel, who worked together at the pioneering online payments company back in the late Nineties and early Noughties and were bound together by a belief in deregulation, libertarianism and later, by darker right-wing ideology that railed against multiculturalism. Vance was working in venture capital at the time and went to work for Thiel at his San Francisco investment house, Mithril Capital. Thiel would be instrumental to Vance's rise, backing his campaign for Senate in 2021-22 to the tune of $15 million, and reportedly introduced Vance to Trump. The trio of Musk, Sacks and Thiel were instrumental in convincing Trump to choose Vance as his running mate, seeing in him an ideological ally, the libertarian tech investor who could one day take over as president. Some have gone so far as to call Vance a Manchurian Candidate for the tech elite. When the feud between Musk and Trump spilled out into the open, Musk was not shy about announcing his desire for Vance to take over as president. He responded to a tweet calling for Trump to be impeached and replaced with Vance with one word: 'Yes.' That is not an empty threat. Vance's path to the White House would inevitably require the support of Musk, the man who spent $395 million on electing Republicans in 2024. So his decision to ignore Musk's call for mutiny is an interesting — and calculated — choice. Much like Littlefinger, Vance has made sharp ideological turns and formed strategic alliances to find his way to within arm's length of the throne. He was once vehemently opposed to Trump, only to radically change course to stand by his side in his quest for power. But, spoiler alert, his fictional counterpart's calculating and maneuvering didn't end well for him. Trump spent his entire first term weeding out traitors, and claims to have gotten very good at it over the years. Will he be able to sniff out Vance?

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store