#thiefinchief

…Nicholas Pinto is among the losers. A frequent #crypto trader who voted for #Trump in 2024, Mr. Pinto said he invested a total of roughly $500,000 in the $TRUMP coin, & has now lost about half that investment. “He is leveraging the power of being president to launch currencies, when he seems trustworthy in the public’s eye,” Mr. Pinto said in an interview. “It is kind of incredible. It is almost a legal scam.” #cryptocurrency #memecoin #scam #ThiefInChief

Nearly a Million #Investors Lost a Total of $3.8 Billion on #Trump #Crypto Coin [while he made $1.6 billion off his scams] 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. #scam #ThiefInChief

An up-to-date tally of #Trump followers turned #crypto #investors is in. And for them, the overall results are remarkably bad. Nearly 1 million people who bought Trump’s #memecoin have lost money through the end of June, according to a report by the #cryptocurrency analytics firm Nansen. Their losses total $3.81 billion. #scam #ThiefInChief