President Donald Trump is under scrutiny for using the presidential seal at a private event for top investors in his $TRUMP memecoin, potentially violating federal law. The dinner, held at Trump National Golf Club in Virginia, hosted 220 investors, many likely foreign nationals. This has prompted 35 House members to request a DOJ inquiry into possible violations of federal bribery statutes and the Constitution's foreign emoluments clause. Trump's embrace of crypto marks a shift from his previous skepticism, with the $TRUMP memecoin peaking at $74.34 before falling to $14.44 by May 22.