The firm behind US President Donald Trump’s Truth Social platform said it will issue a new cryptocurrency to its shareholders, marking the Trump family’s latest foray into digital assets.
The digital token from Trump Media and Technology Group will add to the Trumps’ crypto ventures, which have generated hundreds of millions of dollars and have raised questions about conflicts of interest.
Trump Media unveiled the new token on Wednesday and said investors will receive one for each share they hold. Trump, who is himself the largest Trump Media shareholder, has supported looser regulation of the crypto sector.
Trump Media shares rose on Wednesday following the firm’s announcement.
So they’re working on another RugPullCoin then?
How can anyone believe that this Monopoly money will ever increase in value? How do these incredibly stupid people get so much money, and how can I separate some of it from them?
They got what they invested in.
“Critics have expressed concerns about possible conflicts of interest“
This is the kind of pussyfooting from mainstream media that allows these blatantly corrupt, immoral, and illegal actions to continue and to escalate.
Just call it what it is: corruption. Plain and simple.
Do y’all think there are too many trump coins? I can’t keep up with buying them! Now I can’t afford insurance, so I guess I can use that money on these ones. Thanks tRump!
Maybe this is an extension of their Flood The Zone With Shit(coin) tactic.
