Dems Push to Ban Crypto for Politicians—Protesters Crash Trump’s Memecoin Party

Washington’s latest crypto clash erupts as Democrats target political holdings—while activists swarm a high-profile memecoin event. The irony? Politicians still can’t decide if crypto is a scam or a retirement plan.

Protests outside the gala

The exclusive gala, hosted at Trump’s golf club in Virginia, invites the top 220 $TRUMP holders — some of whom spent between $55,000 and nearly $38 million in tokens to secure an invitation. 

Critics, including Sen. Richard Blumenthal, accuse Trump of “auctioning” access to the WHITE House and potentially violating the Constitution’s ban on foreign gifts.

Protests are happening outside the event. Senators Chris Murphy, Elizabeth Warren, and Jeff Merkley, along with Rep. Sam Liccardo and advocacy groups, are calling out Donald Trump’s upcoming “meme coin” fundraising dinner as a threat to national security and a potential corruption risk, according to a note shared with crypto.news.

At a press conference today, the group demanded the release of attendee names and any promised favors. Murphy also promoted his recently introduced MEME Act, aimed at curbing digital asset profiteering by public officials.