Trump's crypto venture is fleecing his supporters.
80% of the new or small-time crypto investors in Trump’s coin have been hit with big losses.
Meanwhile, his team is making millions off the coin’s trading fees, which stay stable even when its value goes down.
It’s a grift.
May 10, 2025 19:01A grift that Dem senators that the crypto lobby owns are supporting, like
@kirstengillibrand.bsky.social who co-sponsored the GENIUS Act, and
@gallego.senate.gov who promoted it, along with supporters like
@markwarner.bsky.social @slotkin.senate.gov &
@schiff.senate.gov
bsky.app/profile/rbre...Trump's crypto venture is fleecing his supporters.
80% of the new or small-time crypto investors in Trump’s coin have been hit with big losses.
Meanwhile, his team is making millions off the coin’s trading fees, which stay stable even when its value goes down.
It’s a grift.
Good, the more money they lose today, the less money they have to give him tomorrow. And let's hope they get so far into debt that they're all homeless or dead in the next few years.
I still believe all crypto is just beanie babies.
It's Trump. Of course it's a grift.
Anyone stupid enough to invest in anything Trump is promoting deserves to lose every dime & more!
A fool and his money are soon parted. Or something like that.
Everything Trump touches seems to end up being toxic in more ways than one.
He doesn't have to fleece them. The would willingly give him there money.
And they don’t care.
It's a ponzi scheme. Ponzi schemes are illegal in the US. Just another crime that criminal Donald Trump and his criminal family are committing in broad daylight.
Even third world countries don't have this level of bribery and corruption.
It's a obvious
