Democrats Launches Trump Investigation

Washington, D.C. — In a new attempt to discredit President Donald Trump, Democratic Congressman Jamie Raskin (D-MD) has opened an investigation into a private dinner attended by President Trump and several high-level supporters. The event, which included the purchase of Trump-themed cryptocurrency known as “$TRUMP coin,” is now at the center of partisan scrutiny.

Raskin is demanding that the White House release a full list of attendees and disclose how each participant financed their coin purchases. He claims the event could be a backdoor for foreign governments to influence the President—a charge critics are calling baseless and politically motivated.

“We need to know who is buying these coins and where their money is coming from,” Raskin wrote in a letter addressed to President Trump.

Trump’s Private Event Sparks Political Uproar — But Was It Even Political?

The dinner, held on May 22 at one of President Trump’s golf clubs, was strictly private and limited to just 220 high-net-worth individuals. Despite its exclusivity, the event raised a staggering $148 million, according to crypto analytics firm Inca Digital.

This wasn’t a political fundraiser. According to the White House, it was a personal event unrelated to official government business. Press Secretary Karoline Leavitt made it clear:

“This was not a White House event. President Trump attended on his personal time, and the event involved no public funds.”

Media Outlets and Democrats Push Controversy Ahead of 2026 Midterms

Critics argue that Raskin and the mainstream media are weaponizing this private affair to distract from real economic and national security issues.

While Democrats obsess over meme coins, Vice President JD Vance took the stage at the Bitcoin Conference in Las Vegas this week and encouraged the blockchain community to stay politically active.

“Take the momentum from 2024 and carry it into 2026 and beyond,” Vance told the crowd, emphasizing that politics will continue to shape the future of cryptocurrency.

The pro-crypto Super PAC Fairshake and its affiliates have already amassed $116 million to support candidates who respect innovation and economic freedom in the digital space.

Foreign Influence? Or Just More Political Theater?

Raskin also pointed to a $75 million investment in a Trump-affiliated business by crypto entrepreneur Justin Sun, a Chinese-born businessman who has been under investigation by the Securities and Exchange Commission since 2023.

Sun, who confirmed his presence at the dinner and his role as the top holder of the $TRUMP coin, has faced accusations of market manipulation—but no conviction. Raskin claims his involvement raises red flags about foreign nationals gaining access to the President through crypto purchases.

“Foreign nationals can’t donate to U.S. campaigns, but they’re now buying millions in your personal meme coin,” Raskin alleged in his letter.

He further warned of “potential links” between crypto funds and illicit activity such as money laundering, human trafficking, and terrorism—a narrative that many in the industry call fear-based speculation with no proof.

Trump Supporters Say: Another Witch Hunt

Conservatives see this as yet another witch hunt, with partisan actors trying to stir up controversy around a President who continues to deliver for the American people.

From defending American sovereignty to revitalizing the economy, President Trump’s leadership has returned strength and accountability to Washington—and that’s exactly why the political establishment keeps coming after him.

Bottom Line: A private dinner attended by American citizens, held on private property, using privately earned funds, is now being used as a tool for political attacks. This isn’t about ethics—it’s about stopping a President who puts America First.