A critical disclaimer buried in the official Trump memecoin terms warns that the former president 'may not be able to attend' a heavily promoted April 25 luncheon, sparking a 10% market correction and prompting U.S. senators to demand transparency. Organizers continue aggressive promotion despite the explicit caveat that the event could be canceled for any reason, raising significant investor protection concerns.
Three Democratic senators — Elizabeth Warren, Richard Blumenthal, and Adam Schiff — sent a letter to Bill Zanker, the man behind the TRUMP memecoin launch, demanding to know whether the president actually plans to show up.
Based on reports by Politico, the senators accused organizers of using Trump’s name to push coin purchases that generate transaction fees for him and his family, all while his attendance remained uncertain. The event is set for Trump’s Mar-a-Lago property in Florida.
The senators put it plainly. They wrote that organizers were promoting the conference by holding out the prospect of a presidential appearance to potential attendees — and that doing so was encouraging people to buy the coin.
What makes the situation thornier is that April 25 is already taken. Trump announced on March 2 that he planned to attend the White House Correspondents’ Association Dinner in Washington, DC — his first time going since boycotting it throughout his first term.
Two major events. One day. One president. The White House did not respond to requests for comment on his schedule.
SATURDAY, APRIL 25 AT MAR-A-LAGO!
The Most Exclusive Crypto and Business Conference in the World & Gala Luncheon with PRESIDENT TRUMP and 18 other SUPERSTARS.
Strictly Limited to only 297 attendees. Are You In?
Register Here: https://t.co/MBo3UBrzje pic.twitter.com/CWOVNK1kbU
— TrumpMeme (@GetTrumpMemes) March 12, 2026
This is not the first time Trump has shown up — or been expected to show up — at a crypto event. Reports indicate he attended the Bitcoin 2024 conference and a separate dinner for TRUMP memecoin holders back in May 2025. The April 25 event would be the second such gathering for holders of the coin.
The conflict has drawn attention beyond just scheduling. Critics say it raises questions about whether access to the president is being tied to participation in a financial product that benefits him directly. Organizers have not publicly addressed whether Trump will appear or whether the event will go ahead as planned.
The controversy lands at a difficult moment for crypto regulation in the US. The CLARITY Act — a bill aimed at setting a legal framework for digital assets — passed the House in July 2025.
The Senate agriculture committee moved it forward in January, but the banking committee put a halt to further action. Concerns over tokenized equities, stablecoin yield, and ethics stalled the process. As of Thursday, no new markup date had been set.
The White House weighed in Wednesday, saying a proposed ban on stablecoin yield in the bill would do little to protect bank lending — a claim aimed at cooling opposition from both the banking and crypto industries.
Featured image from Getty Images, chart from TradingView
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