President Donald Trump's memecoin dinner is stirring significant protest from Democratic lawmakers, who claim his involvement in the crypto project is corrupt. Representative Maxine Waters, the ranking Democrat on the House Financial Services Committee, plans to introduce legislation aimed at severing presidential ties to digital assets. Concurrent events will take place to challenge Trump's alleged exploitation of his White House powers for personal profit through crypto ventures. Waters' new bill seeks to ban presidents and lawmakers and their families from engaging in crypto transactions linked to their positions. Other protests, including a rally entitled 'America Is Not For Sale,' will also be held outside Trump's golf course, where the dinner will occur. Many memecoin buyers reportedly spent millions to join the dinner, prompting concerns about the anonymity of attendees, with critics fearing foreign buyers might gain undue access to the president. Despite the criticisms, Trump's administration downplayed allegations of corruption, asserting that the Trump family's crypto business does not present conflicts of interest.

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