US Senator calls for Trump impeachment, cites memecoin dinner
United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders.
“I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News.
“When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”
Senator Ossoff said he “strongly” supports impeachment proceedings during a town hall in the state of Georgia, where he is running for reelection to the Senate.
The Senator added that an impeachment is unlikely unless the Democratic Party gains control of Congress during the US midterm elections in 2026. Trump’s own Republican Party currently has a majority in both the House of Representatives and the Senate.
Related: US lawmaker says TRUMP coin could risk national security
Conflicts of interest
On April 23, the Official Trump (TRUMP) memecoin’s website announced plans for Trump to host an exclusive dinner at his Washington, DC golf club with the top 220 TRUMP holders.
The website subsequently posted a leaderboard tracking top TRUMP wallets and a link to register for the event. The TRUMP token’s price has gained more than 50% since the announcement, according to data from CoinMarketCap.
The specific guest list is unclear, but the memecoin’s website states that applicants must pass a background check, “can not be from a [Know Your Customer] watchlist country,” and cannot bring any additional guests.
On April 25, the team behind TRUMP denied social media rumors that TRUMP holders need at least $300,000 to participate in an upcoming dinner with the president.
“People have been incorrectly quoting #220 on the block explorer as the cutoff. That’s wrong because it includes things like locked tokens, exchanges, market makers, and those who are not participating. Instead, you should only be going off the leaderboard,” they wrote.
Legal experts told Cointelegraph that Trump’s cryptocurrency ventures, including the TRUMP memecoin and Trump-affiliated decentralized finance (DeFi) protocol World Liberty Financial, raise significant concerns about potential conflicts of interest.
“Within just a couple of days of him taking office, he’s signed a number of executive orders that are significantly going to affect the way that our crypto and digital assets industry works,” Charlyn Ho of law firm Rikka told Cointelegraph in February.
“So if he has a personal pecuniary benefit arising from his own policies, that’s a conflict of interest.”
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
Regulatory clarity is opening the door for banks, asset managers, and crypto firms to roll out new stablecoin products.
After about two weeks of hearing from US government witnesses, Roman Storm’s legal team called Preston Van Loon to the stand to kick off its defense case.
Emmanuel Macron has said France will recognise Palestine as a state later this year.
The French president announced the major change of policy in a letter to the president of the Palestinian Authority, Mahmoud Abbas, which Mr Macron also published online on Thursday evening.
The French leader said he will make the formal announcement at the UN General Assembly, being held in September.
France will become the first G7 member to recognise a Palestinian state.
In his post explaining the decision, Mr Macron called for an immediate ceasefire in Gaza, the release of the hostages and for much more humanitarian aid to reach those in the territory.
But Israel’s defence minister has called the French decision “a disgrace and a surrender to terrorism”.
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Sky’s international correspondent John Sparks, reports on the children in Gaza who are experiencing malnutrition, one child wishes for ‘life to go back to how it was.’
The move heaps pressure on France’s allies such as the UK, and Sir Keir Starmer insisted tonight that he is “clear that statehood is the inalienable right of the Palestinian people”.
But the prime minister has resisted calls from within his own party to recognise Palestine immediately, as he views this as part of the peace process in Gaza.
Currently, half of the G20 recognise Palestine as a state, while nations including the UK, US, Germany and others do not.
But pressure has been growing on Sir Keir to change course, with senior Labour figures including the Mayor of London Sir Sadiq Khan publicly calling for a change in government policy.
Starmer: ‘We are witnessing a humanitarian catastrophe’
Just hours before Mr Macron’s announcement, Sir Keir said he would be holding an “emergency call” with the leaders of France and Germany over what he termed the “humanitarian catastrophe” happening in Gaza.
In some of the firmest language from the government yet, Sir Keir said that “the suffering and starvation unfolding in Gaza is unspeakable and indefensible”.
He went on to say that it has been “grave for some time”, but that it has now “reached new depths and continues to worsen”.
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The PM says that
Sir Keir said: “I will hold an emergency call with E3 partners tomorrow, where we will discuss what we can do urgently to stop the killing and get people the food they desperately need while pulling together all the steps necessary to build a lasting peace.”
The PM added that “we all agree” on the need for Israel to “change course and allow aid that is desperately needed to enter Gaza without delay”.
He wrote: “It is hard to see a hopeful future in such dark times. But I must reiterate my call for all sides to engage in good faith, and at pace, to bring about an immediate ceasefire and for Hamas to unconditionally release all hostages.”
Across the globe, more than 140 countries recognise Palestine as a state.
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