Donald Trump’s gala dinner for top holders of his memecoin has drawn constitutional scrutiny, as legal experts warn it could violate emoluments clauses
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However, the dinner maneuver may have political consequences for Trump. In creating the opportunity for anybody with sufficient wealth to purchase an audience, Trump risks falling foul of a part of the US Constitution—the emoluments clauses—that prohibit the president from accepting gifts or financial compensation from foreign and domestic state actors
When Donald Trump agreed to attend a dinner with the largest investors in his own-brand cryptocurrency, he transformed the TRUMP coin into something else entirely: a means of access to the sitting president. As a consequence, Trump could find himself at odds with constitutional prohibitions of bribery and corruption, experts claim
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