Reporting by David Yaffe-Bellany and Eric Lipton:
STERLING, Va.President Trump gathered Thursday evening at his Virginia golf club with the highest-paying customers of his personal cryptocurrency, promising that he would promote the crypto industry from the White House as protesters outside condemned the event as a historic corruption of the presidency.
The gala dinner held at the Trump National Golf Club in suburban Washington, where Mr. Trump flew from the White House on a military helicopter, turned into an extraordinary spectacle as hundreds of guests arrived, many having flown to the United States from overseas.
At the club’s entrance, the guests were greeted by dozens of protesters chanting “shame, shame, shame.”
It was a spectacle that could only have happened in the era of Donald J. Trump. Several of the dinner guests, in interviews with The New York Times, said that they attended the event with the explicit intent of influencing Mr. Trump and U.S. financial regulations....
Mr. Trump and his business partners organized the dinner to promote sales of his $TRUMP cryptocurrency, a memecoin launched just days before Mr. Trump’s inauguration. A memecoin is a type of digital currency tied to an online joke or mascot; it typically has no function beyond speculation. But Mr. Trump’s coins have become a vehicle for investors, including many foreigners, to funnel money to his family....
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