Ethical NIGHTMARE?! Trump Coin VIP Dinners, Family Ties & 764K Wallets Wrecked
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This is a nightmare. Trump’s meme coin. This is an ethical disaster. I don’t like reporting on this. This doesn’t make me happy. This doesn’t make my day. This makes me sad, disappointed, quite frankly. About was four or five weeks ago, Trump’s meme coin looked kind of dead. It was basically around zero. Then all of sudden.
All of a sudden, the people behind the coin said, hey, hey, guess what? We’re gonna give you access to the president of the United States. The meme coins creators invited the 220 biggest holders of the coin known as Trump, dollar sign Trump, to a dinner next week. The top 25 will have a chance
to hobnob with Trump at a special VIP reception. Obviously, this showed off a frenzy of buying in this fake meme coin. Crypto luminaries, MAGA fans, speculators. One attendee plans to fly in from Asia.
to a blockchain startup that aspires to power the next generation of meme culture.
Another one is the support of the president who used crypto to buy Trump branded watches. Yet another is a masked sleuth who tracks down digital assets stolen by hackers. Trump’s family is heavily involved in this Bitcoin here. Bitcoin mining company, World Liberty Financial.
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Trump’s sons are behind that. Again, are you seeing the conflicts of interest here? If you’re not familiar what a meme coin is, it’s fake money. I could start a, and I actually suggested this years ago when we were making fun of this stuff. I could come up with a watchdog coin. Yeah, watchdog coin. It’s usually associated with some celebrity. Remember Kim Kardashian lost
all sorts of money for people. There was that other girl who was famous from, I forget what she was famous for, famous for nothing, did something, people lost a fortune on it. Again, the people, it’s a pump and dump. The people that are in early, they do fine. And then it’s all the greater fools who get crushed when the meme coin value crashes. Again, what is it? It’s nothing.
quite frankly. The price of dollar sign Trump soared after its January 17th debut then collapsed. 58 investors in the coin made profits. 58 made profits in excess of $10 million each. While 764,000 digital wallets that held the dollar sign Trump lost their shirts. Again, greater
Fools. I’m be honest with you.
I’ve said this before, I have a difficult time, difficult time feeling sorry for these people that lost all of this money.
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I’m sorry, there’s just no excuse for being that brain dead.
Yet you really don’t have any excuse.
Insiders close to Trump insiders are sitting on what they’re they value right now. Dollar sign Trump worth around 10 billion dollars.
Some 80 % of the coin supply is held by an affiliate of the Trump Organization, the President’s Family Business and a Delaware LLC that’s registered to Bill Zanker. He was the one who launched the Trump trading cards. They also make money when the dollar sign Trump coins are traded. Since the dinner announcement, the Trump coin is up about 30%. It’s still
well below what it was back in January when it launched.
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You think this is a good look.
Do you think that this is a wise thing to Do think it’s a prudent thing to do? Better yet, do you think that this is an honorable thing to do? Just asking. Watchdog on wallstreet.com.