Trump has arranged two cryptocurrency-themed dinners this month—one for wealthy political donors and another for "Meme coin" millionaires. The first dinner is scheduled for Monday, with a fundraising amount of $1.5 million per person, making it one of the most expensive political fundraising events in recent times. The second dinner will take place on May 22, where participants will have the opportunity to connect with Trump’s inner circle; however, participation is not through cash donations but rather by holding TRUMP Token. The "Cryptocurrency and AI Innovators Dinner" hosted by MAGA Inc. will be held on May 5, with Trump and David Sacks in attendance. The committee receiving funds, MAGA Inc., is a Super PAC supporting Trump. It is currently unclear how this PAC will utilize the millions it raised through a series of dinners in the spring. The cryptocurrency community is excited about Sacks' growing influence in Washington, stating that he and other Trump-appointed officials have helped achieve a significant policy turnaround, attaining a series of regulatory victories at multiple federal agencies, which many industry executives describe as a 180-degree shift from the policies of President Joe Biden's administration.
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Trump has arranged two cryptocurrency-themed dinners this month—one for wealthy political donors and another for "Meme coin" millionaires. The first dinner is scheduled for Monday, with a fundraising amount of $1.5 million per person, making it one of the most expensive political fundraising events in recent times. The second dinner will take place on May 22, where participants will have the opportunity to connect with Trump’s inner circle; however, participation is not through cash donations but rather by holding TRUMP Token. The "Cryptocurrency and AI Innovators Dinner" hosted by MAGA Inc. will be held on May 5, with Trump and David Sacks in attendance. The committee receiving funds, MAGA Inc., is a Super PAC supporting Trump. It is currently unclear how this PAC will utilize the millions it raised through a series of dinners in the spring. The cryptocurrency community is excited about Sacks' growing influence in Washington, stating that he and other Trump-appointed officials have helped achieve a significant policy turnaround, attaining a series of regulatory victories at multiple federal agencies, which many industry executives describe as a 180-degree shift from the policies of President Joe Biden's administration.