BiyaPay Analyst: Trump Crypto Dinner Revealed, What Percentage of Foreign Crypto Investors Attended? Reflecting the Entanglement of Cryptocurrency and Political Funding

Blockbeats
22 May

BlockBeats News, May 22, Thursday, the Trump Cryptocurrency Dinner held in Washington D.C. has attracted wide attention. Over 200 high-net-worth investors in the crypto field participated in an auction for the official Trump cryptocurrency token, TRUMP, to win the opportunity to have dinner with former President Donald Trump. The total auction amount reached nearly $400 million, with one-third of the winning bids exceeding a million dollars each. Data shows that approximately 72% of these bidders are non-U.S. investors, covering multiple countries such as Singapore, Australia, among others. Crypto wallet analysis shows that some participants even used overseas trading platforms restricted by U.S. law. This phenomenon has sparked discussions on U.S. political fundraising supervision and the legitimacy of foreign capital participating in political activities. The high transaction fees generated by TRUMP token transactions have brought substantial income to related companies, highlighting a new trend in cryptocurrency within political financing and vested interests. Despite the official statement of the dinner claiming it was a non-fundraising event, the blurring boundary between token holdings and political influence has raised significant compliance risks. Overall, this event reflects the increasingly important role of crypto assets in the political field, reminding users to pay attention to the compliance and cost management of digital currency transactions. BiyaPay platform is committed to creating a secure and convenient digital asset environment for users, providing zero transaction fees for digital currency transactions, greatly reducing user transaction costs. Additionally, it supports fast and secure 1:1 USDT equivalent exchange USD withdrawal services to ensure smooth and worry-free fund flow. Furthermore, the platform has access to U.S. and Hong Kong stock investment channels, achieving diversified allocation of digital currency and traditional financial assets, assisting users in asset preservation, appreciation, and stable investment. Users are welcome to participate in digital asset trading securely and compliantly through BiyaPay and seize global market opportunities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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