A crypto investor who paid just $500 got a seat at the table. That detail alone tells you something about the crowd gathering at Mar-a-Lago on Saturday.
A Token That Lost 93% Of Its ValueHe’s candid about the mood shift. “Trump is much less liked right now than he was after inauguration,” Christensen told Bloomberg.
“With the whole year of tariffs, crypto is bleeding, his reputation within the crypto community is not as good.”
The guest list reads like a who’s who of crypto finance: Tether CEO Paolo Ardoino, Upbit founder ChiHyung Song, Bitcoin advocate Anthony Pompliano, and Anchorage Digital CEO Nathan McCauley are all reported to be attending.
Sun alleges the platform froze his tokens and threatened to destroy them without valid reason. He described himself as an “ardent supporter” of Trump while blaming unnamed project team members for acting against the president’s values.
Ethics Watchdogs Raise Conflict Of Interest ConcernsLawmakers and nonpartisan watchdog groups have criticized the Saturday gathering, arguing that Trump is using a financial product he personally profits from to offer access to the presidency.
The nonprofit Citizens for Responsibility and Ethics in Washington went further, pointing out in a Friday post that crypto wallets linked to the TRUMP token have moved money in ways that make it hard to trace how much the president is earning.
Featured image from Getty Images, chart from TradingView
