No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, November 16, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump is hosting a dinner for the biggest buyers of his memecoin. The guest list is now set—and many of the winners are foreign nationals

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 3 mins read
A A
Trump is hosting a dinner for the biggest buyers of his memecoin. The guest list is now set—and many of the winners are foreign nationals
Share on FacebookShare on TwitterShare on LInkedIn



For weeks, wealthy individuals have been scooping up the Trump family’s cryptocurrency in hopes of amassing enough to qualify for one of 220 seats at a dinner with President Donald Trump himself. In the words of Trump’s own website: “The competition is fierce. Own $TRUMP—or watch from the sidelines.” Now, the leaderboard is final and the winners from around the world are set to descend on Washington, D.C., to rub shoulders with the world’s most powerful man. So, who is going? 

While the leaderboard is public, the identity of each winner—obscured by pseudonymous blockchain addresses—is not. But an analysis by Fortune revealed that 18 out of these top 25 holders have interacted with Binance, a foreign crypto exchange that excludes Americans, meaning they are likely foreign nationals. 

Meanwhile, some of the winners—the top 25 of whom are entitled to attend an “ultra-exclusive private VIP Reception”—have publicly identified themselves or been identified by a crypto analytics firm. Here are three guests slated to go to the “Gala Dinner,” which critics have lambasted as an unprecedented example of corruption.

Chinese crypto billionaire Justin Sun

With more than $18 million in Trump’s memecoin, according to Monday prices, the top spot on the leaderboard is identified simply by the name “SUN.” The crypto analytics firms Arkham Intelligence and Nansen have said that the wallet is linked to HTX, a crypto exchange for which the billionaire Justin Sun serves as global adviser.

Neither Sun, who told Forbes in March that his net worth exceeds $40 billion, nor HTX responded to requests for comment. 

The billionaire is a controversial figure in the crypto industry. Born in China, Sun founded Tron, a blockchain that hosted 58% of all illicit activity in crypto in 2024, according to a report from crypto analytics firm TRM Labs. (Illicit crypto volumes on Tron, however, declined by $6 billion from the year prior.)

Sun has found himself in the midst of numerous crypto debacles. Most recently, he allegedly pushed crypto trade outlet CoinDesk to spike a story on how the crypto billionaire bought and ate a $6.2 million banana.

Singapore crypto firm MemeCore

With about $17.5 million in Trump’s memecoin, the second largest holder on the leaderboard is the Singaporean crypto startup MemeCore, according to public posts from the firm and Nansen.

Founded in January 2024, the firm is building a blockchain for memecoins, or cryptocurrencies created as jokes without any inherent value, Ting Hsu, MemeCore’s chief business development officer, told Fortune. Trump himself is one of the most “iconic” memes, she said.

Hsu didn’t share exactly how the company is funding its Trump crypto investments, but she did say some of the money came from the company’s “internal treasuries” as well as from one of the startup’s anonymous cofounders, whose identity she declined to share. That anonymous founder will attend the dinner with Trump on May 22, according to Hsu. 

The Memecore executive didn’t know who else was planning to attend the dinner and was also curious to see the guest list. “Why [do] you guys want to join this?” she asked.

Australian investor Kain Warwick 

While he’s not one of the top 25 largest Trump memecoin holders, Kain Warwick, an Australian crypto investor, has made the top 220, according to The New York Times. (Warick did not immediately respond to a request for comment from Fortune.)

The founder of the crypto company Infinex, Warwick was playing basketball with his kids on a weekend afternoon in January when he saw on social media that the 47th president had apparently launched his own memecoin, according to his X account. 

He didn’t know whether the cryptocurrency was legitimately Trump’s and worked feverishly to verify that it was real. He eventually did, invested some money, and went back to playing with his children.

But, as he was taking his kids to the beach, he doubled his bet. “Yesterday was a once-in-a-career opportunity,” he wrote, reflecting one day later on Trump’s cryptocurrency launch.

This story was originally featured on Fortune.com



Source link

Tags: biggestBuyersDinnerForeignGuestHostingListMemecoinnationalssetandTrumpWinners
ShareTweetShare
Previous Post

Coinbase joining S&P 500, replacing Discover Financial

Next Post

Is real estate the best investment for a Canadian retiree?

Related Posts

edit post
SA Asks: What are the best robotics stocks right now? (AMZN:NASDAQ)

SA Asks: What are the best robotics stocks right now? (AMZN:NASDAQ)

by TheAdviserMagazine
November 16, 2025
0

Nov. 16, 2025 4:01 PM ETAmazon.com, Inc. (AMZN) Stock, MU StockNVDA, TER, ISRG, CGNX, ROK, AME, TSLA, SFTBY, UBER, SYM,...

edit post
Amid affordability crisis, Stanford economist argues for ‘temporary, targeted price controls’

Amid affordability crisis, Stanford economist argues for ‘temporary, targeted price controls’

by TheAdviserMagazine
November 16, 2025
0

Price controls are literally a textbook example of a policy that creates market inefficiency, but an economist sees some merit...

edit post
Stanley Druckenmiller’s latest buys suggest shifting tech trend

Stanley Druckenmiller’s latest buys suggest shifting tech trend

by TheAdviserMagazine
November 16, 2025
0

In January, legendary billionaire hedge fund manager Stanley Druckenmiller struck an enthusiastic tone, suggesting that stock market returns would surge...

edit post
Republican who’s been trying to get his party to release Epstein files predicts ‘deluge’ of votes from his party this week

Republican who’s been trying to get his party to release Epstein files predicts ‘deluge’ of votes from his party this week

by TheAdviserMagazine
November 16, 2025
0

Lawmakers seeking to force the release of files related to the sex trafficking investigation into Jeffrey Epstein are predicting a big win in the...

edit post
Wall Street strategists say tech stock sell-off is a short-term blip as earnings bull case remains intact

Wall Street strategists say tech stock sell-off is a short-term blip as earnings bull case remains intact

by TheAdviserMagazine
November 16, 2025
0

Tech stocks experienced turbulence this past week as investors rotated out of this year’s AI highfliers, unwound expectations for a...

edit post
The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis 

The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis 

by TheAdviserMagazine
November 16, 2025
0

The reporting this week that the Trump administration is moving to craft an executive order potentially limiting the power of...

Next Post
edit post
Is real estate the best investment for a Canadian retiree?

Is real estate the best investment for a Canadian retiree?

edit post
A UK Tariff Scorecard: We Lost

A UK Tariff Scorecard: We Lost

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Parker-Hannifin’s (PH) a “Standout Stock,” Says Jim Cramer

Parker-Hannifin’s (PH) a “Standout Stock,” Says Jim Cramer

0
edit post
MA Proposition 2 ½ Is Working

MA Proposition 2 ½ Is Working

0
edit post
The Meaning of Revolution | Mises Institute

The Meaning of Revolution | Mises Institute

0
edit post
ClearToken Gets FCA Nod to Launch Regulated Crypto Settlement Platform

ClearToken Gets FCA Nod to Launch Regulated Crypto Settlement Platform

0
edit post
Likeability Is Critical To Success

Likeability Is Critical To Success

0
edit post
Medicare Advantage ‘Freebies’ Cost Taxpayers up to  Billion Every Year. Are You Overpaying?

Medicare Advantage ‘Freebies’ Cost Taxpayers up to $86 Billion Every Year. Are You Overpaying?

0
edit post
SA Asks: What are the best robotics stocks right now? (AMZN:NASDAQ)

SA Asks: What are the best robotics stocks right now? (AMZN:NASDAQ)

November 16, 2025
edit post
Amid affordability crisis, Stanford economist argues for ‘temporary, targeted price controls’

Amid affordability crisis, Stanford economist argues for ‘temporary, targeted price controls’

November 16, 2025
edit post
New York Fed met with Wall Street firms about key lending facility: FT

New York Fed met with Wall Street firms about key lending facility: FT

November 16, 2025
edit post
Stanley Druckenmiller’s latest buys suggest shifting tech trend

Stanley Druckenmiller’s latest buys suggest shifting tech trend

November 16, 2025
edit post
Likeability Is Critical To Success

Likeability Is Critical To Success

November 16, 2025
edit post
Secure Your Legacy: The Urgent Checklist for New Estate Rules

Secure Your Legacy: The Urgent Checklist for New Estate Rules

November 16, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • SA Asks: What are the best robotics stocks right now? (AMZN:NASDAQ)
  • Amid affordability crisis, Stanford economist argues for ‘temporary, targeted price controls’
  • New York Fed met with Wall Street firms about key lending facility: FT
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.