"Critics of Spanky’s decision to auction off a private dinnervia his Trump-branded crypto token were worried about the stunt for a few reasons. At the top of the list: the potential for foreigners to buy access to the sitting president, something the U.S. Constitution explicitly prohibits. . Those concerns, it seems, were well founded. The vast majority of the top holders of Spanky’s memecoin appear to be based overseas, including the top investor — a Chinese-born crypto mogul who, until recently, was facing civil fraud charges in the United States. . Billed by organizers as the “most EXCLUSIVE INVITATION in the world,” Thursday’s gala is set to take place at the president’s private Trump National Golf Club, just outside of Washington, DC, according to an email sent to guests and reviewed by Fortune."
"The White House has rejected the accusations, and in a video of the dinner posted on social media, Spanky is seen saying "I always put the country way ahead of the business." . "The Biden administration persecuted crypto innovators and we're bringing them back into the USA where they belong," Trump is also recorded as saying."
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