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#trumpcoin

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
Replied in thread

"Nic Carter, Trump supporter and founding partner of crypto investment firm Castle Island Ventures, to Politico: 'It’s absolutely preposterous that he would do this. They’re plumbing new depths of idiocy with the memecoin launch.' Another lobbyist: 'This is a horrible look for the industry already trying to make the case that we’re not a bunch of hucksters, scammers and fraudsters.'”

~ Marcie Jones

#Trump #TechBros #crypto #bitcoin #TrumpCoin #criminals
/8

wonkette.com/p/trump-picking-y

Wonkette · Trump Picking Your Pocket Again ¯\_(ツ)_/¯By Marcie Jones
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

Replied in thread

"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

🚨 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

There is a wild story unfolding

Martin Shkreli, who was convicted of securities fraud and spent 6 years in jail, claims that he and Barron Trump launched a new crypto token “Trump Coin”

Andrew Tate, who is accused of rape and human trafficking in Romania, alleges he spoke to Barron Trump about Trump Coin

However, there is no strong evidence yet Shkreli worked with Barron Trump, beyond Shkreli's own claims

#DonaldTrump #Trump #BarronTrump #MartinShkreli #TrumpCoin #DJT
newstracs.com/martin-shkreli-c

NewsTRACS · Martin Shkreli claims he and Barron Trump launched Trump CoinConvicted fraudster Martin Shkreli claims that he and Barron Trump launched a new crypto token called Trump Coin.