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#memecoin

1 post1 participant0 posts today

No less than 76 #Democrats just voted with Republicans to overturn the #IRS's "defi broker rule" which would have required crypto firms like #MarcAndreessen's #Uniswap to collect information on their users and in so doing discourage the use of these platforms for #moneylaundering by criminals and rogue nuclear states (#NorthKorea *loves* Uniswap) and by the very wealthy to avoid paying #taxes.

The new wave of #memecoin scams like #TrumpCoin are also all facilitated/perpetrated by these decentralized trading platforms.

If any of these people are your representative you should do what you can to make sure they are primaried because they are not representing your interests. At a minimum call them and yell at them (this works better than most people think!)

The corruption of the US government by #crypto bros is extremely bipartisan.

* Full roll call of vote: clerk.house.gov/Votes/202571

#uspol#defi#DOGE

How To Pump A Memecoin, 2025 Edition

1. get arrested for stealing pro #Israel yard signs
2. get sentenced to 8 months in prison
3. escape from prison
4. launch a memecoin
5. rug everyone for $50k
6. donate everything to Palestinian charities
7. go on the run from the law with an active twitter account and a firearm

never a dull day in crypto
x.com/peedenisonline/status/18

Replied in thread

"Now that he’s taken office, Trump plans to make billions off his presidency by implementing policies that favor crypto.

Cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion and scams. As economist Paul Krugman has said, their market value rests on nothing but 'technobabble and libertarian derp.'”

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/7

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"Trump once denounced crypto, but as the crypto industry poured tens of millions of dollars into 2024 campaigns, he changed his mind. Not only did he see the political power of the crypto industry he saw an opportunity to make a pile of money.

He then promised to make the United States the 'crypto capital of the planet.'”

~ Robert Reich

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/6

robertreich.substack.com/p/tru

Robert Reich · Trump’s crypto-ligarchyBy Robert Reich
Replied in thread

"create a problem and then impose a solution. It also mirrors the "shock therapy" used in Chile under Pinochet, and in Russia under Yeltsin. Even as junk coins are inherently worthless, they promote bubbles that drive greater instability. Push back on this, and loudly. All of this benefits people with power — all of it erodes democracy."

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/5

Replied in thread

"Long established laws (emoluments clause; securities regulation; anti-fraud and know-your-customer; capital gains) are being tossed out the window in favor of a laissez faire approach that breeds criminality. ...

Trump's dangerous experimentation with tariffs and reckless disregard for the law is straight out of the fascist playbook:"

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/4

Continued thread

"Why even work, when day-trading memecoins is more profitable? What becomes to a generation of young men who become radicalized with anti-government rhetoric, and who have no skills or work experience outside of manipulating meme coins? ...

It appears as if a similar decoupling [similar to MMM] from reality is taking place now under Trump and Musk."

~ Dave Troy

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/3

america2.news/no-limits-crypto

America 2.0 · No Limits: Crypto Scams Set to Proliferate in 2025In the Trump 2.0 administration, there are no rules. Junk crypto coins are set to proliferate, which may lead to dangerous asset bubbles and broader instability.

"For all the lofty, idealistic talk of agora marketplaces and counter-economics and individual liberty and the right to privacy, crypto would not exist if the criminal underworld did not require an alternative means to anonymously transfer funds from one scumbag to another. ...

Simply put: no money laundering, no bitcoin."

~ Greg Olear

#Trump #TechBros #crypto #memecoin #bitcoin #TrumpCoin #scam #crime #criminals #MoneyLaundering
/1

gregolear.substack.com/p/silk-

PREVAIL by Greg Olear · Silk Road to PerditionBy Greg Olear
Replied in thread

#Trump wasn’t done after one token.

On Sunday came the introduction of $MELANIA…. The #MemeCoin quickly spiked more than 40%, surpassing $2 billion in value. Both the Trump & Melania coins have dropped significantly from their highs.

Then there’s #WorldLibertyFinancial, a decentralized finance project endorsed by the Trump family, which hiked its token price from 1.5 cents to 5 cents & released an additional 5 billion tokens for sale.

Continued thread

The same night of the party, the incoming president launched $TRUMP, a #MemeCoin built on the #Solana platform. Its market cap over the weekend climbed past $14 billion. Like with other meme coins, there’s no underlying product. #Trump told his followers in a social media post, “It’s time to celebrate everything we stand for: WINNING!”

The website for $TRUMP says 80% of the coins are held by the #TrumpOrganization & affiliates.

🚨 Chinese mafia connected money launderer extraordinaire #JustinSun, a man so crooked he has been indicted by multiple American federal agencies for all kinds of financial fraud and so shady even the rest of the crypto industry regards him with extreme suspicion (!), just put another $27 million directly in Trump's pocket by "investing" in #WorldLibertyFinancial, the crypto scam Trump was running before he launched the TRUMP and MELANIA memecoin scams.

the grift never ends.

x.com/lookonchain/status/18811

X (formerly Twitter)Lookonchain (@lookonchain) on XTRON DAO(@trondao) spent 15M $USDT to buy 1B $WLFI again an hour ago. Justin Sun(@justinsuntron) tweeted that they are continuing to increase our investment in World Liberty Financial, with an additional $45M, bringing the total investment to $75M. https://t.co/SCgRdH7L0k

Chairman of Students for Trump, Ryan Fournier, just tweeted that he made $19 million on his TRUMP #memecoin trade. IMHO this supports my hunch that #BarronTrump was somehow involved in launching this scam.

Apparently this is one of his #Solana addresses, where he just rugpulled a token called #TIKTOK: x.com/Gonz1495/status/18810773

He's also holding ~$1,000 worth of a token called "MFC: Money For Criminals", which is very on brand.

All of this is legal now. Welcome to the future.

Replied in thread

@briankrebs super interesting. random but i was listening to a twitter space between legendary chinese crypto scammer Justin Sun and elon's favorite disinformation fountain Mario Nawfal (more likely than not funded by russia but could also be funded by china or saudi arabia) concerning Justin's new memecoin scam ("sunpump") and i was surprised by the fact that a lot of the people other than justin running scams had american or european accents.