Subject: Re: Trump Crypto Grift
Who knew grifting the simpleminded MAGAS could be so lucrative?...
How much has Dope invested? BHM?
"Bitcoin, it just seems like a scam, I don't like it because it's another currency competing against the dollar." ~Trump (Before he realized he could make a killing selling this junk!)
"The launch of TrumpCoin was instructive. The most powerful person in America, used the early days of his presidency to launch a valueless cryptocurrency that
quadrupled his wealth in a matter of hours. Then he fired the heads of the regulatory agencies that might have prevented such a thing—the U.S. Securities and Exchange Commission,
the Consumer Financial Protection Bureau—and replaced them with deregulation enthusiasts to drive home the point."
764,000 people lost money on Trump’s crypto scam: "Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis."
58 people made millions. 764,000 lost money. MAGA! For every dollar in trading fees the Trump crypto creators raked in, investors lost $20.
Melania also got in on the scam. Financial Times reported that that a small handful of unknown individuals made millions in a few days after Melania announced her crypto scam the day before the inauguration.
24 accounts bought $2.6 million in tokens 2 minutes before they went live, then 81% of their purchases were sold within 12 hours at windfall profits. One person bought $681,000 of Melania crypto 64 seconds before the existence of the project was made public and sold it for $39 million hours later.
Lastly, Trump will be hosting a "crypto" dinner, it will be open to the top 220 owners of $TRUMP scam coin. The top 25 holders will be invited to a private reception with Trump.
"Never in U.S. history has there been a more nakedly corrupt self-enriching scheme." ~Tony Carrk, the executive director at Accountable.U.S.
But they’re eating the dogs, the people that came in, they’re eating the cats...
https://www.the-independent.co...
https://www.thenation.com/arti...
https://www.nytimes.com/2025/0...
https://www.cnbc.com/2025/05/0...