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According to Deep Tide TechFlow news on May 24, Forbes reported that U.S. President Trump used the presidential seal at a $TRUMP investor dinner held on Thursday at the Trump National Golf Club, although the White House stated he attended the event "in a personal capacity."
According to U.S. federal law, the presidential seal may not be used in a manner that could "convey the false impression of government sponsorship or approval," and violators can be fined or face up to six months in prison. Trump arrived at the dinner by military helicopter from the White House and spoke to 220 top investors, who collectively invested about $148 million in the $TRUMP token.