Buyer With Ties to Chinese Communist Party Got V.I.P. Treatment at Trump Crypto Dinner
Source: NYT
By Eric LiptonDavid Yaffe-BellanyMichael ForsytheDevon Lum and Jiawei Wang
June 6, 2025
Full article at link.
"... Mr. He, who was registered at the Trump event as a resident of Hong Kong, advises the Chinese government through his role as a delegate of the Fangshan C.P.P.C.C., a district of Beijing. He is listed as a member of the organization’s science and technology committee. The Times could find no indication that Mr. He is a member of the Communist Party, and the government body he serves on is fairly low level.
There were no restrictions on who could buy the Trump memecoin — which was marketed like a collectible baseball card — including foreign nationals. But the winning buyers were given the opportunity for close proximity to the president. It is not clear why Mr. He wanted to attend.
Still, at a time when the administration is seeking to scrutinize and revoke the visas of Chinese students with ties to the Communist Party, the incident illustrates inconsistencies in the Trump administration’s approach to how it handles Chinese nationals, as well as potential weaknesses in the background checks the Trump administration did on the guests who bought his memecoin.
.... The day after the dinner at Mr. Trump’s golf club, Mr. He was observed by a reporter from The Times entering the White House for the tour that had been set up by Mr. Trump’s business partner Bill Zanker, who created the Trump memecoin...."
Read more: https://www.nytimes.com/2025/06/06/us/politics/trump-crypto-dinner-china-he-tianying.html?unlocked_article_code=1.NE8.LsFZ.TBfKutzrfA4B&smid=url-share
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