• Crypto’s founder’s stake in a enterprise associated to Trump is at present over $93 million.
• He’s at present in discussions with the U.S. Securities and Trade Fee to resolve civil fraud allegations.
• Dinner is a part of a sweepstakes-style marketing campaign linked to a card token, giving unique entry to high 25 homeowners.

Encrypted entrepreneur Justin San has appeared because the main proprietor of Trump-themed meme token $Trump, securing an invite to a non-public dinner with President Donald Trump and making certain entry to the VIP Gala Reception.

Dinner was a part of a sweepstakes-style marketing campaign linked to a card token, permitting unique entry to the highest 25 homeowners.

Solar introduced at X late Monday that he had surpassed the leaderboard, holding tokens price round $18.6 million.

I’m honored in your assist @potus Thanks for the invitation from @gettrumpmemes To hitch President Trump’s gala dinner as his high fan!

As the highest holder of $TramblingI am excited to attach with everybody, converse codes and talk about the way forward for our business. https://t.co/fyb39ltwdz

– He’s Justin Solar (@justinsuntron) Might 20, 2025

“As a high holder for $Trump, I am excited to attach with everybody, converse codes and talk about the way forward for our business.”

Justin San and Trump’s Cryptographic Mission

Along with his $Trump holding, Solar has invested $75 million in World Liberty Monetary. That is one other Trump-related crypto initiative that Trump’s sons described as a decentralized financial institution.

Based on its construction, 75% of the platform’s income flows to entities owned by Trump.

Collectively, Solar’s funding throughout Trump’s crypto ecosystem is now over $93 million.

Born in China, Solar is the founding father of the Tron blockchain.

He’s at present in discussions with the U.S. Securities and Trade Fee to resolve civil fraud allegations.

The founding father of Crypto was sued by the U.S. Securities and Trade Fee in 2023. This claimed to have coordinated the sale of securities with unregistered presents via entities owned and managed by him.

Each the SEC and SUN authorized groups are reportedly making an attempt to droop the case now, as former SEC chair Gary Gensler is not within the company.

Trump’s Meme Coin Dinner Controversy

Trump’s plan to host the occasion sparked controversy with Democrats Elizabeth Warren and Adam Schiff calling for a federal ethics investigation.

They argue that the initiative corresponds to a “cost” scheme crammed with “corruption and overseas affect,” and {that a} appreciable variety of merchants concerned within the coin look like primarily based exterior the US.

Based on CoinmarketCap, the $Trump token rose about 4% on Tuesday to commerce at $13.23.

Its worth values ​​its distribution provide at $2.65 billion, making it the highest 40 cryptocurrency by market capitalization.

Regardless of its ranking, $Trump Token, like many meme cash, doesn’t have the underlying merchandise or utilities.

The web site reveals that the token is “not meant or meant to be a topic of funding alternatives, funding contracts, or any sort of safety.”