At a town hall meeting on April 25, U.S. Senator Jon Ossoff voiced his support for impeaching President Donald Trump, citing ethical concerns over Trump’s involvement with a cryptocurrency initiative.
Ossoff criticized Trump’s decision to host an exclusive dinner for top holders of the Official Trump memecoin, calling it an impeachable offense.
“I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” Ossoff said, according to NBC News. “When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”
Political Challenges to Impeachment
Despite his strong stance, Ossoff acknowledged that moving forward with impeachment would be difficult unless Democrats retake Congress in the 2026 midterm elections. Currently, Republicans hold the majority in both the House of Representatives and the Senate.
Ossoff’s remarks come amid his campaign for reelection to the Senate in Georgia, where he continues to advocate for greater ethical standards in government.
Details of the Controversial Dinner
The controversy stems from an April 23 announcement on the Official Trump memecoin website, detailing plans for a private dinner event hosted by Trump at his Washington, DC golf club.
The event would be open to the top 220 holders of the TRUMP token, with participants required to undergo background checks and adhere to specific eligibility criteria, including not being from a Know Your Customer (KYC) watchlist country.
Following the announcement, the TRUMP token surged by more than 50%, demonstrating the market influence of Trump’s direct engagement with cryptocurrency projects.
Clarifications and Denials
Amid social media speculation, the TRUMP memecoin team clarified on April 25 that rumors about needing a $300,000 minimum investment to attend the dinner were inaccurate.
“People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes things like locked tokens, exchanges, market makers, and those who are not participating. Instead, you should only be going off the leaderboard,” the team stated.
Legal and Ethical Concerns
Legal experts have raised alarms about the potential conflicts of interest presented by Trump’s crypto ventures, including both the TRUMP memecoin and the Trump-affiliated decentralized finance (DeFi) protocol, World Liberty Financial.
Charlyn Ho from the law firm Rikka previously noted, “Within just a couple of days of him taking office, he’s signed a number of executive orders that are significantly going to affect the way that our crypto and digital assets industry works. So if he has a personal pecuniary benefit arising from his own policies, that’s a conflict of interest.”
As Trump continues to engage directly with cryptocurrency markets, questions surrounding ethics, governance, and national security remain at the forefront of political debate.