President Trump hosted a swanky dinner in the DC-area for the biggest investors of his meme coin, telling them "The Biden administration persecuted crypto innovators."

Raskin’s probe is the latest example of congressional Democrats targeting Trump’s blurring of lines between his official role and his private business interests, including his meme coin, a form of online currency that is based on online jokes and holds no actual value.

"I really appreciate everything the Trump administration has done to our industry," Sun said in a video.

President Trump's gala golf club dinner for top investors in his meme coin disappointed some who had spent handsomely to get into the room.