2026-07-04T14:23:36Z

Now *this* is the way to report this story: Trump made his billion while his investors (read: his marks) lost $3.8 billion. That is theft.
Gift link.
Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin https://www.nytimes.com/2026/07/04/us/politics/nearly-a-million-investors-lost-a-total-of-3-8-billion-on-trump-crypto-coin.html?unlocked_article_code=1.vFA.4GMe.zOn2uRf_JmRS&smid=tw-share

Jul 4, 2026, 14:23 UTCen

2026-07-04T23:09:52Z

Pretty transparently so, but "a sucker is born every minute".

Fun part is - it'd be hard arguing this was a presidential duty, and fraud is fraud. So 2028 after January should be interesting times.

2026-07-05T00:02:15Z

@jeffjarvis “Trickle down economics” at its most exemplary!