Bitcoin, which Trump once derided as a "scam," surged to a new all-time high ahead of the dinner.
"This dinner is corruption embodied," progressive organizers said ahead of the protests. "Offering special access to the president in exchange for a scheme that enriches the president borders on bribery. America is not for sale!"
Christina Harvey, executive director of Stand Up America, said that "while millions of Americans brace for cuts to Medicaid and food assistance, Donald Trump is toasting the ultra-wealthy investors in his cryptocurrency."
"It's a crystal-clear picture of his priorities: tax handouts and exclusive access for the rich, and scraps for the rest of us," said Harvey. "Trump is selling access to the highest bidder, enriching himself at every turn, and accepting lavish gifts from foreign governments. He's turning the White House into his personal cash cow. Trump's message to the American people today couldn't be clearer: Let them eat cake."
"Never has there been a more shameless case of a U.S. president using their power and influence to line their own pockets."
Crypto journalist Eleanor Terrett reported Thursday that there will be no livestream of the dinner, and video gear will not be allowed.
In a social media post earlier this week, Sun—who was facing a Securities and Exchange Commission fraud case before the Trump administration halted it in February—wrote that he is "grateful for the invitation" to the dinner and "excited to connect with everyone, talk crypto, and discuss the future of our industry."
Norm Eisen, co-founder of Citizens for Responsibility and Ethics in Washington, said Thursday that Trump "might as well put up a for sale sign on the White House lawn"—a sentiment that others echoed ahead of the dinner.
"We already know an accused Chinese billionaire fraudster is the #1 holder of $TRUMP coin," said Tony Carrk, executive director of Accountable.US. "If the Trump family refuses to be transparent about who all these top $TRUMP holders are, it raises serious questions about the hidden agendas at play that could cost the American people or threaten our national security."
"Never has there been a more shameless case of a U.S. president using their power and influence to line their own pockets," Carrk added. "While the president wines and dines wealthy insiders from around the world, American working people are pushed further back in line, bracing for higher costs under Trump's regressive tariffs and budget plan."