Gemini, Ripple and Coinbase Attend White House Fundraising Dinner
U.S. President Donald Trump hosted a White House fundraising dinner amid a government shutdown to support a $250 million expansion project, attended by crypto and tech industry leaders.
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Fact Check
The statement is strongly confirmed by multiple, independent news sources (CBS News, Cointelegraph, FinanceFeeds). These sources explicitly state that representatives from Gemini (the Winklevoss twins), Ripple, and Coinbase attended a fundraising dinner at the White House. The claim is further corroborated by a primary source, a social media post from Ripple's CEO confirming his team's attendance.
- Reference: 1
Summary
On October 17, U.S. President Donald Trump held a White House fundraising dinner to support a $250 million banquet hall construction plan. The event took place during the 15th day of a government shutdown and aimed to fund a 9,000-square-meter expansion project initially proposed by Trump in July. Executives from major cryptocurrency firms Gemini, Coinbase, and Ripple attended, alongside leaders from Meta, Google, Amazon, Lockheed Martin, and Microsoft.
Terms & Concepts
- Cryptocurrency Firm: A company engaged in the development, trading, or management of digital currencies and blockchain-based financial technologies.
- Ripple: A blockchain-based digital payment protocol and cryptocurrency (XRP) designed for fast, low-cost international money transfers.