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He did a rugpull in a shitcoin right before his inauguration and likely pulled megaprofit out of some bag holders. https://www.reuters.com/markets/currencies/t
by dashundchen 2y ago
He did a rugpull in a shitcoin right before his inauguration and likely pulled megaprofit out of some bag holders.
https://www.reuters.com/markets/currencies/trumps-meme-coin-made-nearly-100-million-trading-fees-small-traders-lost-money-2025-02-03/ https://www.reuters.com/markets/currencies/trumps-meme-coin-...
Any other administration this would have been a huge scandal but when we're in an avalanche of corruption I guess it can be missed.
- marssaxman 2y agoI think the point was that it gave his supporters a quasi-legal way to donate money while skirting campaign finance regulation, making the trumpcoin itself not so much a unit of currency as a receipt - a proof of loyalty.