Trump Scams Supporters With Meme Coin
Just before the inauguration, Trump released a crypto meme coin, showing everyone where his priorities lie: with himself. During the campaign he pretended he was interested in making crypto a viable industry and doing what was best for the industry. But in return he only played the crypto industry as fools by enriching himself and his family while doing considerable damage to crypto as a viable financial system. This meme coin is corruption personified. Now, any person can give Trump any amount of money that is untraceable. This includes foreigners and governments. In his first term people had to buy his properties and stay at his hotels which is somewhat traceable. But with the meme coins there is no way to know who is pumping money into it and since it's 80% owned by Trump, and money pumped in is essentially given to him. And the greatest grift is on all of his unknowing supporters who bought the coin at peak prices only to be left holding bag as the price dropped. Congratulation. You have all been had.