The Great Frump Crime Family Crypto Scam

[Stalin]

Crypto is a complete scam so it is natural that frump has gone in boots and all..

maga devotees have lined up in their many thousands to be fleeced by this complete criminal

"..About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.

Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. Crypto wallets are accounts that store the keys you need to access and use your cryptocurrency holdings.

Chainalysis said that while around 2 million wallets have bought into the token, 58 wallets made more than $10 million apiece, totaling roughly $1.1 billion in gains.

The $TRUMP token, which surged in popularity after being tied to the start of Trump’s second term, has seen sharp price swings and highly uneven returns for investors. Fight Fight Fight LLC. and CIC Digital LLC., control the bulk of the token’s supply.

CNBC has reached out to Fight Fight Fight LLC. for comment on the Chainalysis numbers.

Interest in the coin spiked more than 50% after the project’s website promised the top 220 holders a seat at a black-tie-optional dinner with the president.

The $TRUMP event, set for May 22 at the president’s Trump National Golf Club, Washington, D.C., includes a reception for the 25 wallets with the largest coin balance, along with a White House tour.

MSN

www.msn.com

https://edition.cnn.com/2025/05/05/politics/video/anderson-cooper-trump-crypto-conflicts-of-interest-ac-digvid

comrade stalin
moscow

 

[Stalin]

..er..no comment from the usual suspects...

comrade stalin
moscow

 

[Stalin]

Predictably, the one of the capos in the Frump Crime Family has made threats of execution against anyone who dares to criticize the great man.

The target ( no pun intended ) is mark kelly, a former astronaut and as husband of gabriel gifford, had to endure the pain and suffering
of the near killing of his wife by a christian fascist.

One of a cabal of nasty advisers to trump, Stone has a record of illegal activity

"..On January 25, 2019, Stone was arrested at his Fort Lauderdale, Florida, home in connection with Robert Mueller's Special Counsel investigation and charged in an indictment with witness tampering, obstructing an official proceeding, and five counts of making false statements. In November 2019, a jury convicted him on all seven felony counts.He was sentenced to 40 months in prison. On July 10, 2020, days before Stone was scheduled to report to prison, Trump commuted his sentence. On August 17, 2020, he dropped the appeal of his convictions.Trump pardoned Stone on December 23, 2020.

https://en.wikipedia.org/wiki/Roger_Stone "

in stark contrast to Kelly's record of service to the armed forces and the space program.

Roger Stone - Wikipedia

en.wikipedia.org

Harris would have won the 2024 election if she had chosen kelly instead walz.

"..Roger Stone has called Arizona’s Democratic sentor Mark Kelly a traitor who deserves to die for questioning the president.

Stone accused the Navy veteran, former astronaut, and current Democratic Senator of treason and called for his execution. The crime? Questioning Trump’s crypto connections.

Last week, Kelly co-sponsored the End Crypto Corruption Act, a Senate bill that seeks to “end crypto corruption” by banning the president, vice president, and their immediate families from “issuing, endorsing, or sponsoring crypto assets.”

The bill specifically names meme coins, which would present an issue for the president, whose controversial meme coin, $TRUMP sends about 75 percent of its revenue to his family.

Roger Stone: Dem Senator Should Be ‘Executed’ for ‘Treason’

Roger Stone has called Arizona’s Democratic sentor Mark Kelly a traitor who deserves to die for questioning the president. Stone accused the Navy veteran, former astronaut, and current Democratic Senator of treason and called for his execution. The crime? Questioning Trump’s crypto connections...

nz.news.yahoo.com

comrade stalin
gaza

 

[Stalin]

as is usual, the marxists, with their scientific view of history, not the antics of "great" men, are right on the money...

details of the activities of the greatest huckster in history - slavishly supported by 77 million easily fooled people..

",,The subject of Trump family corruption is an inexhaustible one. His first term was notorious for the use of his “branded” properties, various Trump hotels and resorts, as conduits for corporations and foreign governments to funnel cash into the family coffers. Behind the scenes, far greater sums were raked in through the overseas operations of Trump’s son-in-law, Jared Kushner, with more than a billion dollars “invested” by Saudi monarchs and Gulf sheiks alone.

However, Trump’s reelection last November and his return to the White House on January 20 have been accompanied by an even greater orgy of money-grubbing. By some estimates, the Trump family wealth has doubled since the election. His social media company Truth Social, despite negligible advertising and customer base, has seen its stock price soar. The president has made significant cash from the sale of branded items, ranging from replicas of his fascist executive orders to bibles, golf clubs and guitars. Trump has also raked in $500 million in contributions to various political action committees to fund future campaigns, although the Constitution bars him from seeking a third term in the White House.

But nothing compares to the vast fortune accumulated through the Trump family’s plunge into the cryptocurrency market, with the launching of World Liberty Financial, a venture that is 60 percent owned by the Trumps. It is overseen by sons Don Jr. and Eric and co-managed by Zach Witkoff, the son of Trump’s top Middle East envoy, billionaire Steve Witkoff. World Liberty has partnered with an array of companies whose financial flimflam is supposedly “regulated” by federal agencies now controlled by Trump himself.

There was little to no interest in World Liberty before the election, but after Trump’s victory, the value of its cryptocurrency, known as $WLFI, soared to a nominal $1.1 billion. Estimates reported by Fortune and Forbes magazines place the Trump family’s total crypto fortune at between $2.9 billion and $6.2 billion.

...

The super-rich have made use of World Liberty for what amounts to barely disguised bribes of Trump in return for favorable regulatory decisions and even presidential pardons. Chinese crypto billionaire Justin Sun, previously best known for paying $6.2 million for a piece of “art” consisting of a banana taped to a wall, bought $75 million of $WLFI. Soon afterwards, the Securities and Exchange Commission, now headed by a Trump appointee, asked a federal court to halt proceedings in a fraud case against Sun. Arthur Hayes of Ethena Labs, a crypto partner of World Liberty, had pleaded guilty to violating the Bank Secrecy Act in 2022. Trump gave Hayes a full pardon on March 27.


Perhaps the most brazen purchasing of influence in the second Trump administration has come through the issuance of “memecoins,” a cryptocurrency that is tied to a joke, a phrase or a particular personality. All cryptocurrencies are tokens with zero intrinsic value. They are generated through a complex computer-based calculation process that uses vast quantities of electricity and therefore represents a sizeable waste of society’s resources. They are vehicles of pure speculation that often follow a typical Ponzi scheme: New buyers drive up the price, and as long as the price rises, further new buyers are attracted. But once the buying spree stops, it is musical chairs with nothing at all to sit on: The real value drops to near-zero, and the last holders lose everything.

Trump issued two memecoins, $TRUMP and $MELANIA, on the eve of his inauguration. Insiders bought them cheap, for pennies, and then cashed out as the price leapt to more than $7,000. In an analysis published May 8, the Washington Post reported, “Nearly 67,000 crypto novices have pulled out their debit cards to bet on Trump’s meme coin venture. ... So far it’s been a monumental bust.” Of the small fry who poured $15 million into purchases that benefited Trump personally, 80 percent lost money and only 3 percent gained. Asked about the rise and fall in price, at the expense of gullible supporters, Trump told NBC News Sunday dismissively, “I haven’t even looked.”

more cronyism, graft and corruption at https://www.wsws.org/en/articles/2025/05/09/gsxv-m09.html

comrade stalin
cryptoland

 

[Stalin]

events have moved quickly since my last post with frump engaged in a firestorm of corruption

Donald Trump’s push to sharply ease oversight of the cryptocurrency industry, while he and his sons have fast expanded crypto ventures that have reaped billions of dollars from investors including foreign ones, is raising alarm about ethical and legal issues.

Watchdog groups, congressional Democrats and some Republicans have levelled a firestorm of criticism at Trump for hawking his own meme coin, $Trump, a novelty crypto token with no inherent value, by personally hosting a 22 May dinner at his Virginia golf club for the 220 largest buyers of $Trump and a private “reception” for the 25 biggest buyers.


To attend the two events, the $Trump buyers spent about $148m, which will benefit Trump and partners, according to the crypto firm Inca Digital.

Further, the Trump family crypto venture World Liberty Financial that launched last fall, which his two oldest sons have promoted hard, was tapped this month to play a key part in a $2bn investment deal by an Abu Dhabi financial fund in the crypto exchange Binance, which in 2023 pleaded guilty to US money laundering and other violations.

The new WLF deal was announced at an Abu Dhabi crypto conference that drew Eric Trump two weeks before Trump’s mid-May visit to the United Arab Emirates capital, sparking other concerns of improper foreign influence and ethics issues.

Trump’s ardent pursuit of crypto fortunes was highlighted in a report last month from the watchdog group State Democracy Defenders Fund that estimated his crypto ventures as of mid-March to be worth about $2.9bn. That is a striking sum since Trump’s crypto ventures are less than a year old.

Senate Democrats led by Jeff Merkley of Oregon and the minority leader, Chuck Schumer of New York, introduced a bill this month that has garnered sizable Democratic backing to block Trump from using his office to benefit his crypto businesses.

Watchdogs say Trump is exploiting his office for personal gain in unprecedented and dangerous ways.

“There is the appearance if not the reality of corruption in the upcoming dinner with Trump on the 22nd at his Virginia golf club for the 220 biggest Trump meme coin buyers and the private reception he’s promised for the top 25 buyers, plus the separate $2bn deal between World Liberty Financial and the Abu Dhabi investment vehicle,” said Richard Painter, a former White House ethics adviser to George W Bush who co-authored the Democracy Defenders Fund report.

‘Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm

The president’s hawking of $Trump memecoin has sparked a firestorm of criticism over potential influence buying

www.theguardian.com

comrade stalin
moscow

 

[mark francis]

Crypto is a complete scam so it is natural that frump has gone in boots and all..

maga devotees have lined up in their many thousands to be fleeced by this complete criminal

"..About 764,000 wallets that purchased President Donald Trump’s $TRUMP meme coin have lost money on the investment, according to fresh data shared with CNBC by blockchain analytics firm Chainalysis.

Most of the wallets that lost money held smaller amounts of the token, according to the firm’s on-chain analysis. Crypto wallets are accounts that store the keys you need to access and use your cryptocurrency holdings.

Chainalysis said that while around 2 million wallets have bought into the token, 58 wallets made more than $10 million apiece, totaling roughly $1.1 billion in gains.

The $TRUMP token, which surged in popularity after being tied to the start of Trump’s second term, has seen sharp price swings and highly uneven returns for investors. Fight Fight Fight LLC. and CIC Digital LLC., control the bulk of the token’s supply.

CNBC has reached out to Fight Fight Fight LLC. for comment on the Chainalysis numbers.

Interest in the coin spiked more than 50% after the project’s website promised the top 220 holders a seat at a black-tie-optional dinner with the president.

The $TRUMP event, set for May 22 at the president’s Trump National Golf Club, Washington, D.C., includes a reception for the 25 wallets with the largest coin balance, along with a White House tour.

MSN

www.msn.com

https://edition.cnn.com/2025/05/05/politics/video/anderson-cooper-trump-crypto-conflicts-of-interest-ac-digvid

comrade stalin
moscow

Even with all the help from Hunter Joe Biden never raked in as much money from pay-to-play foreigners as Hillary did.

 

[Phoenix68]

.

.​

Oh, I'm shocked - SHOCKED, I tell you - to learn that rubes who invested in Trump's various business and crypto scams have lost their asses!!!!!

.​

 

[Gabriel_Bell]

Even with all the help from Hunter Joe Biden never raked in as much money from pay-to-play foreigners as Hillary did.

Joe Biden had an excellent economy, but Shitshizpants is trashing employment figures and has done nothing to lower the price of groceries. Hunter and Hillary are no longer in any position to benefit from corruption, but Shitshizpants it the most corrupt president in history. He hs pardoned grifters and convicted druglords, and thinks that MBS, who ordered the murder of a reporter, whose bones were sawed into smaller pieces and whose flesh was barbecued at Saudi Arabia's consulate is a swell guy. He thinks that no reporter has the right to say a word against MBS, a murderous tyrant and thug.

 

[mark francis]

Joe Biden had an excellent economy, but Shitshizpants is trashing employment figures and has done nothing to lower the price of groceries. Hunter and Hillary are no longer in any position to benefit from corruption, but Shitshizpants it the most corrupt president in history. He hs pardoned grifters and convicted druglords, and thinks that MBS, who ordered the murder of a reporter, whose bones were sawed into smaller pieces and whose flesh was barbecued at Saudi Arabia's consulate is a swell guy. He thinks that no reporter has the right to say a word against MBS, a murderous tyrant and thug.

Democrats were loud in claiming that Biden was the most fit of any president in history and that Biden brought wealth and freedom unlike any preceding president. The democrat cheerleaders were lying.