442
CNN Reports $TRUMP Coin Value Drops 98% as 740k Lose Money (www.mediaite.com)
submitted 15 hours ago by spaghettiwestern@sh.itjust.works to c/leopardsatemyface@lemmy.world
82 comments fedilink hide all child comments

“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

you are viewing a single comment's thread
view the rest of the comments
[-] prole@lemmy.blahaj.zone 1 points 2 hours ago

Yeah, but there are at least ones that a lucky person could time, and sell around the same time as the people who are orchestrating the scam, and make a lot of money.

In this case, I'm pretty sure they couldn't even do that.

this post was submitted on 02 Jul 2026
442 points (99.3% liked)

Leopards Ate My Face

10075 readers
763 users here now

Rules:

  1. The mods are fallible; if you've been banned or had a post/comment removed, please appeal.
  2. Off-topic posts will be removed. If you don't know what "Leopards ate my Face" is, try reading this post.
  3. If the reason your post meets Rule 1 isn't in the source, you must add a source in the post body (not the comments) to explain this. If the reason is in the source but is tedious to find (e.g. in a lengthy video), you must add an explanation for where it is.
  4. Posts should use high-quality sources (for a rough idea, check out this list), and posts should retain the title (if one exists) from works like news articles, videos, etc. You may (but need not) edit your post if the source changes the title. (If you're only using an excerpt from an article that's otherwise not about LAMF, you can use the quote in the title.) Other types of posts should have a title which accurately, relatively neutrally describes their contents.
  5. For accessibility reasons, an image of text must either have alt text or a transcription in the post body.
  6. Reposts within 1 year or the Top 100 of all time are subject to removal. Within moderator discretion, this doesn't just include reposts of the exact same media but also includes e.g. a secondary source telling basically the exact same story as another that was already posted.
  7. This is not exclusively a US politics community. You're encouraged to post stories about anyone from any place in the world at any point in history as long as you meet the other rules.
  8. All Lemmy.World Terms of Service apply.

Also feel free to check out:

Icon credit C. Brück on Wikimedia Commons.

founded 3 years ago
MODERATORS
TheTechnician27@lemmy.world
418_im_a_teapot@lemmy.world