General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums3X Trump voter invested his house purchasing money ($205k) in Trump scams, now valued at $30K.
6 minute youtube from Forbes
Im Now Broke: Meet The Investors Who Lost Billions Buying Trump Stocks And Crypto
Truck driver had saved for years and was about to purchase a home. Decided instead to invest in Trump stock/crypto.
another chump: "we are just cattle to them, he doesn't care about anyone"
OAITW r.2.0
(33,048 posts)Prof. Toru Tanaka
(2,996 posts)Let me guess .is it made from fools gold?
Demobrat
(10,314 posts)something something something.
Stacey Grove
(249 posts)I've never been wrong about a MAGAt.
Zero sympathy.
BlueWaveNeverEnd
(15,645 posts)Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
Nicholas Pinto is among the losers. A frequent crypto trader who voted for Mr. Trump in 2024, Mr. Pinto said he invested a total of roughly $500,000 in the $TRUMP coin, and has now lost about half that investment.
He is leveraging the power of being president to launch currencies, when he seems trustworthy in the publics eye, Mr. Pinto said in an interview. It is kind of incredible. It is almost a legal scam.
The White House this past week rejected any suggestion that Mr. Trump has cashed in at the expense of his followers. Since arriving at the White House, Mr. Trump and appointees have curtailed regulatory oversight of the industry, including policies related to memecoins.
Despite the cratering prices, Mr. Trump has faced few consequences from his ventures, because federal regulators have largely abandoned crypto enforcement.
Stephen Gillers, a New York University law and legal ethics professor, said he would not be surprised if Mr. Trump and his partners eventually face a class-action lawsuit from followers who lost money even though the Securities and Exchange Commission announced in February 2025 that it will no longer scrutinize memecoin deals.
https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html
https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html
edhopper
(37,716 posts)Hieronymus Phact
(797 posts)"...when he seems trustworthy in the publics eye,
BootinUp
(51,827 posts)StoolPigeon
(283 posts)You're out.
blue_jay
(338 posts)Still so hard to believe the trust they put in him.
BlueWaveNeverEnd
(15,645 posts)No matter how much I like Obama. Trump is their god
Raven123
(8,085 posts)Stacey Grove
(249 posts)hookaleft
(1,489 posts)You have to be ignorant and gullible to have fallen for this conman. Sometimes people change, maybe he will find his soul. He has got to be feeling pretty stupid right now. Hopefully he will see the light.
Stacey Grove
(249 posts)Orrex
(67,626 posts)Fuck him and every other MAGA fuckhead so drunk on racism and cruelty that they let themselves be fooled by the most obvious bullshit in modern American history.
Fuck them.
Fuck them.
Fuck them.