President Donald Trump last night hosted a gathering with the highest-paying customers of his personal cryptocurrency business,

sparking bipartisan concerns that he's selling access to the presidency for personal profit.

The dinner held at his Northern Virginia Golf Club was organized to boost sales of his cryptocurrency coin,

launched just days before the inauguration.

The top 220 buyers of the meme coin were extended invitations.

A guest at the dinner provided a video of the president to the New York Times.

We've been pushing the market of crypto and Bitcoin and all of it, everything.

And I do it for a reason, not for me, ever for you.

Because I think it's the right thing to do.

The gathering featured hundreds of guests, including former NBA player Lamar Odom and

Justin's son, a well-known crypto investor who has reportedly spent more than $40 million

on President Trump's meme coin.

Really nice to be here today with everybody in the crypto to witness this great moment of crypto. Sun was once under investigation by the SEC and DOJ for securities fraud.

After Mr. Trump took office, the SEC probe was dropped.

Joining us now to discuss all this is Eric Lipton, who covers the intersection of the presidency

and Mr. Trump's businesses for the New York Times. Thanks for being with us.

So, Eric, to secure a seat for this dinner last night, attendees had to be among the top

220 holders of the Trump meme coin, which meant that they spent somewhere in the range of $2 million.

How does this all work? And how is the president and his family? How are they profiting off of this?

This is a very unusual situation. This is not a campaign contribution that's going to a political cause that supports a candidate.

This is money that's going directly to Donald J. Trump, his sons and his family, along with their business partners.

And so you have individuals here that with his position as president, he's urging people to buy the cryptocurrency meme coin in exchange for getting access to him at a dinner and also visiting the White House.

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