House Democrat Calls for Trump to Disclose List of $TRUMP Coin Gala Attendees

House Judiciary Committee Democrat Jamie Raskin is spearheading an investigation into President Donald Trump’s gala dinner for investors in the $TRUMP memecoin, demanding the president disclose the names of all attendees.

Representative Raskin sent a letter to President Trump, requesting the publication of the investor list, according to a report by The Washington Post. Raskin’s office confirmed writing the letter.

In the letter, Raskin questioned why significant sums of money are being exchanged for “virtually worthless memecoins” and called for transparency regarding who is funding the president’s “pocket.”

The call for disclosure arrives a week after the White House and the Trump family indicated plans to increase support for the digital asset industry, including actions by Vice President JD Vance and the president’s sons at the Bitcoin 2025 conference.

Crypto Backing and Industry Ties

Since assuming office, President Trump has implemented executive orders supporting the crypto sector, advocated for regulatory relief from the SEC, appointed pro-industry experts to government roles, and launched his own cryptocurrency ventures–including memorables like $DOGE and $TRUMP.

The Trump family and associates have expanded their crypto businesses significantly, including the formation of Truth.Fi (partnered with Crypto.com) and World Liberty Financial (WLFI), as well as ventures in Bitcoin mining.

During the recent $TRUMP Gala, 220 of the coin’s top holders were reportedly invited, among them Justin Sun, the influential founder of the Tron blockchain and WLFI adviser. The SEC has actively pursued enforcement actions against Sun.

Democratic Pushback

Raskin’s probe into the $TRUMP Gala list is part of a broader Democratic critique targeting crypto ties within the Trump administration and White House.

Earlier this year, critics listed 100 alleged conflicts of interest involving the president, with roughly one-fifth connected to crypto activities. The White House rejected these claims.

Separately this week, Democrats introduced the “Stop TRUMP in Crypto Act of 2025,” aiming to prevent the president, vice president, members of Congress, and their immediate family members from appropriating profits derived from cryptocurrency.

Meanwhile, the following stories were breaking elsewhere:

• Ethereum trades slightly higher, up 0.6%.
• The Washington Post reports the Trump administration continues its push as a crypto ally.
• Pakistan establishes a strategic Bitcoin Reserve, according to Unchained.
• Milk Road highlights the perceived advantages of Hyperliquid over OnlyFans.
• DL News reports on a European police bust of a crypto-linked meth ring allegedly linked to a Mexican cartel.