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Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Sun to Dine with Trump: Tron founder Justin Sun, the largest holder of the TRUMP memecoin, will attend a private dinner with Donald Trump after investing over $90M in Trump-related crypto ventures.

2. NYC Forms Crypto Council: NYC Mayor Eric Adams launched a digital asset advisory council to make the city a crypto hub.

3. 💡Feature of the Day - “Hawk Tuah” Girl Cleared: Influencer Haliey Welch was investigated by the FBI and SEC over the failed HAWK memecoin but was cleared.

   
   All this and more in today’s headlines!

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📰 News Highlights:

Sun to Dine with Trump [Source][Source][Source]

Justin Sun, founder of Tron, revealed that he is the top wallet holder of the TRUMP memecoin and will attend a private dinner with former President Donald Trump.

Sun’s wallet held around $19 million worth of TRUMP tokens, earning him an invite to the May 22 dinner and a VIP reception.

He has invested over $90 million into Trump-related crypto ventures through World Liberty Financial, which is backed by Trump’s sons.

His connections to the Trump family and the memecoin campaign have drawn scrutiny, especially amid ongoing regulatory debates in the U.S.

🎁Freebie:

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NYC Forms Crypto Council [Source][Source][Source]

New York City Mayor Eric Adams announced the creation of a crypto advisory council aimed at making NYC the “crypto capital of the globe.”

Speaking at the inaugural NYC Crypto Summit, Adams emphasized the use of blockchain for improving city services, like using the tech for securely managing birth and death records.

Although specific members of the council were not named, Adams said policy recommendations and a council chair would be announced soon.

💡 Feature of the Day: 

Hawk Tuah FBI Probe [Source][Source][Source][Source]

Internet sensation Haliey Welch, known as the "Hawk Tuah girl," revealed that both the FBI and SEC investigated her involvement in the failed HAWK memecoin launch.

The investigation followed a token crash that saw a 90% value loss amid allegations of insider manipulation.

Welch said authorities visited her grandmother’s home and later questioned her, but she was cleared of any wrongdoing.

She admitted to being unfamiliar with crypto and blamed her involvement on trusting the wrong people to manage the project.

Welch explained that a third party controlled her X (formerly Twitter) account, where promotional content was posted without her full understanding.

😂 Crypto Meme of the Day: 

Meme of the day provided by @banjokid

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com