Fox Business: During the launch of the TRUMP token, Donald Trump's eldest son was hosting a celebration event with American cryptocurrency industry leaders in Washington D.C.

BlockBeats News, January 19th, according to Fox News, Trump personally announced the launch of the TRUMP token through his Truth Social and X accounts at 9:45 PM Eastern Time on Friday, while crypto industry leaders were celebrating his return to the White House at the first Cryptocurrency Gala in Washington, D.C. Attendees of the gala reportedly included CEOs of various crypto platforms, politicians, several of Trump's new cabinet members, and his son Donald Trump Jr.

Reports suggest that after news of the token launch spread, some attendees expressed skepticism, speculating that the President-elect's account may have been hacked. Trump's eldest son may have been aware of this news as he was isolated in an exclusive VIP area. It is currently unclear whether he discussed Trumpcoin with anyone there.