Former President Donald Trump is under scrutiny after using the official presidential seal during a private cryptocurrency event promoting his $TRUMP memecoin. The gathering, held at Trump National Golf Club in Virginia, was attended by 220 private investors and has raised serious legal and ethical concerns.
Violation of Federal Law?
According to 18 U.S. Code § 713, unauthorized use of the presidential seal for private gain is illegal. The law states that the seal cannot be used in any way that implies government approval or endorsement.
Violators face fines or up to six months in prison.
At the event, Trump stood behind a lectern featuring the seal, sparking questions about whether the move was intended to lend government legitimacy to his cryptocurrency project.
Legal experts suggest the display could be a clear violation of federal law.
What Happened at the Event?
The exclusive investor gathering was held on Thursday, with Trump arriving aboard a military helicopter, adding to the perceived official tone of the event. Once on stage, Trump praised investors and criticized President Biden’s crypto policies, calling them “anti-innovation.”
Trump’s presence and military-style arrival gave the appearance of official endorsement, according to political analysts.
White House Responds
When asked about the optics and potential conflicts of interest, White House Press Secretary Karoline Leavitt clarified that the event was not affiliated with the federal government.
“It is not a White House dinner. It’s not taking place here at the White House,” Leavitt told reporters.
Still, critics argue that Trump’s use of presidential symbols — even as a former president — blurs the line between private enterprise and public office.
The Rise of $TRUMP Memecoin
The $TRUMP memecoin has seen rapid growth since its launch, fueled by a mix of celebrity backing, political fandom, and speculation. While Trump has not confirmed direct ownership, insiders report he has a personal stake in the token’s success.
The blend of politics and crypto raises ethical questions about transparency, influence, and financial regulation.
Legal and Political Ramifications
If found in violation of the law, Trump could face legal consequences — though enforcement in such high-profile cases is often complex. More importantly, the incident adds fuel to debates over the intersection of politics and cryptocurrency.
Conclusion
Trump’s controversial appearance at the $TRUMP memecoin event — with the presidential seal in full view — raises legal, ethical, and political concerns. As the crypto world collides with national politics, questions about accountability, legality, and influence will only grow louder.
The event may be over, but the legal spotlight is just beginning.