U.S. Senator calls for impeachment of Trump due to the "meme coin dinner" incident.

Source: Cointelegraph Original: "U.S. Senator Calls for Impeachment of Trump Over 'Meme Coin Dinner' Incident"

U.S. Senator Jon Ossoff expressed support for impeaching President Trump during a town hall meeting on April 25, citing the president's plan to host a private dinner for the main holders of the "Official Trump(TRUMP)" meme coin.

According to NBC News, the Democratic senator stated: "Just 48 hours ago, I saw him meeting with those who were buying his meme coins. When the current President of the United States is effectively selling access to politics in this way, it undoubtedly constitutes an impeachable offense."

Senator Ossoff, who is campaigning for re-election in Georgia, strongly expressed his support for initiating impeachment proceedings during a town hall event in the state. However, he added that unless the Democrats gain control of Congress in the 2026 midterm elections, it is unlikely that the impeachment case will progress—currently, the Republican Party, to which Trump belongs, controls a majority of seats in both the House of Representatives and the Senate.

Conflict of interest

On April 23, the "Official Trump" meme coin official website announced that Trump plans to host a private dinner for the first 220 TRUMP holders at his golf club in Washington, D.C. The website then released the TRUMP wallet balance leaderboard and the event registration link. According to CoinMarketCap, since the announcement, the price of the TRUMP token has increased by over 50%.

Although the specific guest list has not yet been announced, the official website states that participants must pass a background check, "must not come from [anti-money laundering] monitoring countries," and may not bring additional guests. On April 25, the TRUMP operations team refuted claims on social media that "one must hold at least $300,000 in tokens to participate in the presidential dinner."

The team emphasized in the statement: "Some have mistakenly taken the #220 holding amount shown by the blockchain explorer as a threshold. This algorithm has biases as it includes data from non-participating parties such as locked tokens, exchanges, and market makers. The correct standard should refer to the official website's holding ranking."

Legal experts told Cointelegraph that Trump's cryptocurrency project — including the TRUMP meme coin and its associated DeFi protocol World Liberty Financial — has raised serious concerns about conflicts of interest.

"Within just a few days of taking office, he has signed multiple executive orders that will profoundly impact the cryptocurrency and digital asset industry," said Charlyn Ho of law firm Rikka in an interview with Cointelegraph in February.

"If its policies can bring personal economic benefits, this constitutes a conflict of interest."

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