Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Trump Cryptocurrency Offer Likely Included Promotion on Government Web Domains
    Cryptocurrency

    Trump Cryptocurrency Offer Likely Included Promotion on Government Web Domains

    May 1, 20253 Mins Read


    A government agency has been discovered to be responsible for creating a series of web domains meant to promote President Trump’s recent “exclusive invitation” to break bread with the commander-in-chief for top buyers of his new cryptocurrency offering.

    The trio of domain names  — thetrilliondollardinner.gov, the trillion.gov, and dinnerforamerica.gov — were registered around the same time last week when it was announced that the top 220 “$TRUMP” meme coin holders would be given “The most EXCLUSIVE INVITATION in the World” to a private dinner with the president at the Trump National Golf Club at Washington, D.C. 

    One of the links even redirected to a Department of Commerce login portal, according to a report from 404 Media.

    Web domains with the “.gov” protocol are normally reserved for use by official government entities, meaning that the new web addresses may present ethical issues regarding government internet infrastructure being used for Mr. Trump’s personal profit, according to a government watchdog group. 

    Officials with the Department of Homeland Security’s Cybersecurity and Infrastructure Agency confirmed to 404 Media that the three domains were registered by the Department of Commerce. The department did not immediately respond to requests for comment by The New York Sun.

    Last week’s announcement of the ultra-exclusive gala drove a spike in “$TRUMP” meme coin sales and their value, which climbed to a high of $16 each and a market cap of more than $2.4 billion at one point.

    Earlier this year Mr. Trump’s family took control of a cryptocurrency venture firm, World Liberty Financial, with the president’s brood raking in 75 percent of net revenues from token sales. The Trump family has also reaped up to $400 million in transaction fees.

    Donald Trump Jr. also gained a minority stake in a new crypto company, American Bitcoin, earlier this week along with his brother, Eric, who was named the firm’s new chief strategy officer, according to a report from Reuters.

    The president has declared himself to be the first “crypto president” and has gone all in on the new form of digital currency, with moves to scale back enforcement and regulations placed on the industry. Mr. Trump often posts on his Truth Social page shilling “$TRUMP” and other digital assets.

    The sale of the coins raised concerns among critics concerned that it enables an opportunity to curry favor with the president.

    “There has never been a clearer case of a president using their office to put money in their pocket, or greater potential for special interests to buy an administration’s favor that could threaten the public interest,” the executive director of the watchdog group Accountable.US, Tony Carrk, told Reuters recently.

    All three websites went dark after last week’s reports of the dinner being offered to the top meme coin holders.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    RBI e-rupee: How to use central bank digital currency

    Cryptocurrency

    Cryptocurrency Live News & Updates : Profitable Bitcoin Short Position Closed

    Cryptocurrency

    New Cryptocurrency Releases, Listings & Presales Today – League of Traders, LayerEdge, Bitcoin Hyper

    Cryptocurrency

    Cryptocurrency Live News & Updates : Crypto Market Plummets Amid Geopolitical Tensions

    Cryptocurrency

    Next Cryptocurrency to Explode, 22 June — Venom, EOS, Pax Gold, Beldex

    Cryptocurrency

    Better Cryptocurrency to Buy Right Now With $5,000: XRP vs. Ethereum

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    USD In Trouble As Putin Proposes Crypto To Evade US Sanctions

    Investments

    IAC inks co-op MOUs with domestic investment companies

    Property

    UK house prices rise again in blow to first-time buyers

    Editors Picks

    The ‘cheapest’ UK seaside town where a home is just £32,500 | UK | News

    May 3, 2025

    INDIA BONDS – Les rendements obligataires indiens reculent grâce au plan d’achat d’obligations de la RBI qui soutient le moral des investisseurs

    April 28, 2025

    Exploring the future of Bitcoin after the German government’s cryptocurrency sell off

    July 21, 2024

    Inside Gareth Southgate’s wealth, salary details, property investments and post-resignation plan

    July 17, 2024
    What's Hot

    Onyx Gold lève 2,03 millions de dollars dans le cadre de la deuxième tranche d’un placement privé sans courtier

    June 6, 2025

    Central bank of Norway bearing decision on CBDC

    October 25, 2024

    Clark County targets copper theft with stricter penalties

    October 15, 2024
    Our Picks

    Altcoins Fall To Critical Support Levels

    October 12, 2024

    CORAF, FAO urge gender-responsive policies to promote women’s participation in agricultural advisory services

    May 22, 2025

    Tanzania lifts agricultural import ban on South Africa, Malawi

    April 29, 2025
    Weekly Top

    Gold Cup | Le Canada perd Jonathan Osorio

    June 22, 2025

    Le Nigeria bénéficiera d’un appui allemand de 20 millions € pour sa transition énergétique

    June 22, 2025

    Entre le Hellfest, « festival où l’on boit le plus de vin », et le muscadet, un lien solide comme du metal

    June 22, 2025
    Editor's Pick

    Climate Change Indicators: Oceans | US EPA

    June 27, 2024

    GITEX : Quarante ans d’innovation technologique et une ouverture sur l’Afrique

    April 9, 2025

    How RIPEC would fix property taxes in RI to better fund education

    March 28, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.