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NEW: The largest holders of Donald Trump’s memecoin have secured spots at a private crypto dinner with the US president himself. It costs at least $2 million for a VIP seat. WIRED tracked how they did it. 🔽

To win a seat under the crystal chandeliers of the great ballroom at the Trump National Golf Club in Washington, the 220 qualifying attendees had to hold or purchase at least 4,196 units of the TRUMP coin—worth about $55,000 at the time of writing, WIRED calculated.

The 25 largest holders will enjoy an even more intimate experience, including a VIP tour and an “exclusive reception before dinner with YOUR FAVORITE PRESIDENT [sic]." The biggest spender topped the leaderboard with around 1.43 million TRUMP coins, worth over $19 million.

“If the government of Yemen buys up oodles of memecoins, we won’t know,” says Lisa Bragança, attorney at Bragança Law and former branch chief at the SEC. “If it’s a utility coin and, say, a representative of Russia shows up for dinner with the president, we know it’s an emoluments issue.”

And save a couple individuals, there is no entity or opposition (party or otherwise) to say anything let alone DO anything about it.