Here is a short video that talks through our recent piece on $Trump memecoin, where more than 800,000 folks who took Trump's advice and bought the coin--bringing profits to the Trump family--ended up getting burned and losing money. MAGA? www.nytimes.com/video/us/pol... - ThreadSky

ericlipton.nytimes.com • 10 days ago

Here is a short video that talks through our recent piece on $Trump memecoin, where more than 800,000 folks who took Trump's advice and bought the coin--bringing profits to the Trump family--ended up getting burned and losing money. MAGA? https://www.nytimes.com/video/us/politics/100000009969364/trump-meme-coin.html?smid=url-share

Comments

thaloo.bsky.social•10 days ago

The love of money (it's been said) is the root of all evil. Life is full of lessons; It is our responsibility to learn from them.

dan-marq.bsky.social•10 days ago

It is a shell company to funnel money to Criminal Trump.
It is a method for other countries to influence the US government.

America for sale.

catherinemfds.bsky.social•10 days ago

Thanks for all your hard work compiling this list.

Suckers are born every day.

seena-swg.bsky.social•10 days ago

Lolollolol

Good.

Fuck each and every one of those dumb assess.

leesarenae.bsky.social•10 days ago

Personally I'd be afraid of pissing off the types of people who would buy Trump crypto. Yikes.

bobhesse.bsky.social•10 days ago

MTRA make trump rich again. Call china for new caps.

sharman12.bsky.social•10 days ago

Grift

concerned2.bsky.social•10 days ago

😂🤣😂

realgirlvibes.bsky.social•10 days ago

This always happens . When will you leanr?

richlevine6.bsky.social•10 days ago

Let’s hope that translates to 800,009 votes against Trumper candidates next year.

boomboostik.bsky.social•10 days ago

🤣🤣

gsirc.bsky.social•10 days ago

Through its relentless post-Carlos Slim shit-storm of Kremlin-style propaganda and disinformation, helping to keep a huge swath of Americans ignorant, the NYT have enabled a new Nazism to flourish in America. You're a disgrace.

darkwatchertoo.bsky.social•10 days ago

Trump Inc = pump then dump. America needs to dump Trump.

ericlipton.nytimes.com•10 days ago

Here is the story that David Yaffe-Bellany and I did examining the winners and losers re $Trump coin. Two weeks of effort here to assemble this data as we retraced profiteering by early buyers and giant losses on a speculative bad bet by so many others who invested as it crashed. https://nyti.ms/4gCgp87

bubbanyarlathotep.bsky.social•10 days ago

So pretty much in line with every other alleged "business" that he's tried to run.

gsulli6873.bsky.social•10 days ago

Just can't work up sympathy for them. Sorry.

vadaga.bsky.social•10 days ago

#pumpanddump

catherinemfds.bsky.social•10 days ago

Me thinks - pure speculation - that mystery buyer with insider knowledge was none other than Barron.

It was definitely a family member. They have many businesses in China.

stjeremiah.bsky.social•10 days ago

The entire right wing is just one gigantic grift

kindb4wefightwewin.bsky.social•10 days ago

Any trumper who bought trumps coin does not get any pity from me.

rodgilbert.bsky.social•10 days ago

Were you able to determine the amount of money coming from foreign adversaries who really didn’t care if they list everything? Whose only purpose was to funnel bribe money?

bradrayburry.bsky.social•10 days ago

Speculation usually benefits the early in early out crowd

grahamclester.bsky.social•10 days ago

It's a pity we don't know more about the investors who seem to have been from China. Clearly, Trump is not doing this himself, but we don't seem to know who is advising him to do it.

tiimbot.bsky.social•10 days ago

This is so common in crypto it's got its own name - a "rug pull". Any consideration that it's not just for ripping off MAGA supporters and is a work around for foreign money to buy influence with the Trumps?

grunteledboomer.bsky.social•10 days ago

FAFO! 😍

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