Nearly a Million Investors Lost $3.8 Billion on Trump Coin

[Prairie Gates]

7. Many imbeciles lost a lot of money - some of the "investors" understood it for what it was

A bribe vehicle for the Trump family.

I'm seeing all these stories now of idiot MAGAs who put $10,000 or even $40,000 into the Trump coin and have basically lost everything. One woman's $10,000 coin is now worth less than $120. But these are the suckers.

Plenty of people sunk millions into Trump's crypto scam because they knew it was a bribe. They didn't "lose" the money. They paid the money for favorable business decisions in business they had before the government. So, these criminals pay the Trump family some bribe through the Trump Coin, knowing full well that the money is gone as soon as they hit send on the transfer, but then WE pay them through crooked contracts and favorable regulatory decisions by the federal government. Trump gets paid, they get paid, and the only people left holding the bag are you and me, fellow citizen.

I don't give a shit about the MAGA suckers. I hope they lost everything and suffer. But we need to know who was buying large volumes of these coins so we can track what they got in return. And every single one of them should be in the federal penitentiary.