Trump faces legal scrutiny over dinner for $TRUMP memecoin investors, raising ethics concerns.

Trump faced legal scrutiny after hosting a dinner for investors in his $TRUMP memecoin, valued at over $3 billion, at his private club. He used the presidential seal, which is illegal without implying government endorsement. This raised concerns about possible violations of bribery and ethics laws. Thirty-five House members requested an investigation into whether the event violated the Constitution’s foreign emoluments clause or federal bribery statutes.