Senator Jon Ossoff Calls for Trump’s Impeachment Over Private Memecoin Dinner
Controversy Grows as President Hosts Top TRUMP Token Holders
In a bold move during an April 25 town hall meeting, U.S. Senator Jon Ossoff announced he strongly supports impeachment proceedings against President Donald Trump, citing what he described as a serious breach of presidential ethics.
The Democratic senator, speaking before a crowd in Georgia, took aim at Trump’s plan to host an exclusive dinner for the top 220 holders of his Official Trump (TRUMP) memecoin.
“He is granting audiences to people who buy his meme coin,” Ossoff remarked, according to NBC News. “Selling access for what are effectively payments directly to him rises to the level of an impeachable offense.”
However, Ossoff acknowledged that a formal impeachment would be difficult unless the Democratic Party gains control of Congress during the 2026 midterm elections, noting that Trump’s Republican Party currently holds majorities in both the House of Representatives and the Senate.
Trump’s Memecoin Event Sparks Ethics Concerns
The controversy erupted after an April 23 announcement on the Official Trump TRUMP token website, revealing that President Trump plans to host a private dinner at his Washington, D.C. golf club for the top 220 TRUMP holders.
The event has created a media firestorm, particularly after the TRUMP token’s price surged over 50% following the announcement, according to data from CoinMarketCap.
The guest list remains unclear, but the site notes that attendees must pass background checks, cannot be from countries on Know Your Customer (KYC) watchlists, and cannot bring additional guests.
Addressing rumors, the TRUMP token team clarified that holders do not need $300,000 to attend the dinner. They emphasized that eligibility is based solely on the official leaderboard, not figures on public block explorers that include locked tokens, exchanges, and non-participants.
“People have been incorrectly quoting #220,” a spokesperson said. “Only leaderboard rankings matter.”
Legal Experts Warn of Deep Conflicts of Interest
Adding to the uproar, legal experts warned that Trump’s ongoing cryptocurrency ventures — particularly the TRUMP memecoin and his affiliated DeFi protocol, World Liberty Financial — pose serious risks of conflict of interest.
Charlyn Ho, a legal analyst with Rikka Law Firm, told Cointelegraph:
“Within just a few days of taking office, he signed executive orders that significantly affect crypto and digital assets. If he financially benefits from those policies, it’s a textbook conflict of interest.”
This isn’t the first time Trump’s crypto activities have drawn scrutiny, but the private dinner tied directly to token holders is raising fresh questions about presidential ethics, governance, and the role of personal financial interests at the highest levels of U.S. government.
As Trump continues to blend politics with crypto in unprecedented ways, the pressure on lawmakers to act may only intensify.
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