Rumor That Donald Trump Is Launching His Own Crypto Inspires Countless Similar Scams
this post was submitted on 19 Jun 2024
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You mean "in addition to" his crypto scam?
“Rumour of scam inspires scams”
ftfy
One could make the case that it is a patriotic duty to divert money from fascists that would otherwise go to fascist causes
What would be really funny is if enough of these scam coins popped up to dilute any possible branding around trump’s scam coin.
So who wants to help me create ChumpCoin?
Until people learn the definition of fascism, which... well, I'm in a southern state. Most dipshits support fascism as long as it oppresses the people they don't like.
Wasn't there already a Trump coin?
Almost, there was a bunch of nft trading cards with grotesque illustrations of Trump super hero’s though.
It’ll fail, like so many of his other businesses.
It don't need to success he will still make a lot of cash because of his cultist who would buy anything
Not so much the cultists as it is foreign agents and America's wealthy buying influence.
Crypto, book deals, art, NFTs, stock buying, are all ways one could funnel money to a political party or candidate that don't technically count as campaign contributions.
You’re right, but he’s not looking for campaign money, he’s looking for personal gain and some more money for lawyers.
It’s a way for him to get illegal bribes, it with a veneer of legality.
Like how truth social is worth..,, as much as it is, even though it’s losing money at a prodigious rate. Trump cashes out gets his payday, the other investors get whatever favor they asked for, and all the morons that invested get wiped out,
He knows his supporters so well.
If you buy into crypto at this point, you deserve to lose your money.
This is the best summary I could come up with:
One prominent crypto news account on X, Pirate Wires, even says Trump’s son Barron is taking the lead on the project.
Mike Solana from Pirate Wires later clarified that he hadn’t spoken with the Trump campaign directly about $DJT while warning whoever’s behind the memecoin could “rug pull, or pivot.” It’s not entirely clear what “per conversations” meant in this case.
“I offered to help the people that reached out with legal and biz intros but told them I wouldn’t take anything in return because I got the vibes that the guy who approached me is a Fed.
The report from the Times also highlights the enormous amount of money that’s been donated by Ripple, Coinbase, and Andreessen Horowitz to crypto super PACs in their effort to fight against what they see as anti-crypto House and Senate candidates.
One of those PACs, Fairshake, already ran TV and YouTube ads against Democratic congresswoman Katie Porter in the California Senate primary.
For instance, one scam looks exactly like Trump’s real fundraising website but has the domain donalbjtrump.com, misspelling the former president’s first name as “Donalb.” Any crypto “donations” to that site actually go straight to scammers, as you could guess.
The original article contains 757 words, the summary contains 198 words. Saved 74%. I'm a bot and I'm open source!