$TRUMP Memecoin — August 2026 SEC Investigation Request

2025-01-17

$TRUMP token launched on Solana blockchain at approximately $0.18; announced by Donald Trump days before his presidential inauguration.

2025-01-18

Token price surged from under $10 on the morning of January 18 to a peak of approximately $74.59–$75.26, reaching a market cap of up to $8.7–$15 billion. Solana network activity spiked.

2025-01-19

$MELANIA token launched one day before inauguration, allegedly diverting liquidity from $TRUMP and contributing to a price decline in the latter.

2025-01-20

Donald Trump inaugurated as 47th U.S. President. Senator Elizabeth Warren and others call for early inquiry into Trump crypto ventures.

2025-02-01

SEC issues guidance stating that memecoins are generally outside its regulatory jurisdiction and that memecoin holders are not protected under federal securities laws.

2025-04-16

Bloomberg reports that the first major insider token unlock ($311 million worth) is scheduled, raising sell pressure concerns.

2025-04-23

Trump team announces Mar-a-Lago dinner for top 297 $TRUMP holders, with VIP access for top 29. Token price surges approximately 60%.

2025-04-25

Trump meme coin insider unlock extended by an additional 90 days following public criticism.

2025-05-09

CoinDesk reports Trump family-linked entities profited approximately $320 million in trading fees from the memecoin despite the token declining 87% from its peak.

2025-05-22

Representatives Casten and Smith demand DOJ investigation into the Trump crypto dinner, citing pay-to-play concerns.

2025-05-30

SEC Commissioner Hester Peirce confirms $TRUMP and other memecoins will not be protected by the SEC under existing guidance.

2025-09-17

Congressman Casten and Senator Merkley demand SEC oversight of Justin Sun, a CCP-linked billionaire who invested at least $75 million in Trump's World Liberty Financial, after being identified as the top $TRUMP memecoin holder.

2025-10-23

Expanded class action lawsuit names Meteora co-founder Ben Chow and Kelsier Labs co-founder Hayden Davis in alleged memecoin fraud conspiracy covering $MELANIA, LIBRA, and at least 13 other tokens.

2026-03-01

SEC settles fraud case against Justin Sun's crypto companies for a $10 million penalty with no admission of wrongdoing — a reduced outcome from original charges, coinciding with Sun's reported $75 million investment in WLFI.

2026-04-25

Mar-a-Lago crypto dinner event held for top $TRUMP holders; Trump hosts attendees including Mike Tyson. Justin Sun allegedly does not attend.

2026-07-02

Trump's 2025 federal financial disclosure reveals approximately $1.4 billion in crypto income, including $636 million in $TRUMP memecoin royalties from CIC Digital LLC.

2026-07-16

Reports indicate the Clarity Act stalls over the ethics provision that would limit Trump's crypto income; the provision is the primary obstacle to passage.

2026-08-04

Senators Elizabeth Warren and Richard Blumenthal formally request that SEC Chairman Paul Atkins open an investigation into the $TRUMP memecoin for potential illegal fraud and unjust enrichment. Senator Schiff subsequently joins the effort.