Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BlueWaveNeverEnd

(15,648 posts)
Sat Jul 11, 2026, 02:32 AM 10 hrs ago

3X Trump voter invested his house purchasing money ($205k) in Trump scams, now valued at $30K.

6 minute youtube from Forbes

‘I’m Now Broke’: Meet The Investors Who Lost Billions Buying Trump Stocks And Crypto

Truck driver had saved for years and was about to purchase a home. Decided instead to invest in Trump stock/crypto.

another chump: "we are just cattle to them, he doesn't care about anyone"

32 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
3X Trump voter invested his house purchasing money ($205k) in Trump scams, now valued at $30K. (Original Post) BlueWaveNeverEnd 10 hrs ago OP
Obviously in contention for the Trump Chump award. OAITW r.2.0 10 hrs ago #1
That's a good one! LOL Prof. Toru Tanaka 9 hrs ago #12
asdf durablend 5 hrs ago #17
A fool and his money Demobrat 10 hrs ago #2
Soon go separate ways chicoescuela 3 hrs ago #27
Textbook definition of a dumbass Stacey Grove 9 hrs ago #3
"It is kind of incredible. It is almost a legal scam." BlueWaveNeverEnd 9 hrs ago #4
"almost" ?? edhopper 9 hrs ago #8
WTF? Hieronymus Phact 9 hrs ago #11
Yeah, that jumped out at me, too. tanyev 5 hrs ago #19
there has to be a better explination Hieronymus Phact 4 hrs ago #23
amazing. BootinUp 9 hrs ago #5
Three strikes StoolPigeon 9 hrs ago #6
He'd vote for him again lame54 3 hrs ago #24
It's actually kind of horrifying to hear these stories blue_jay 9 hrs ago #7
I know!! I wouldnt invest $200k in Obama coins. BlueWaveNeverEnd 9 hrs ago #9
Pretty much defines a cult, doesn't it. Raven123 9 hrs ago #10
They deserve it. Stacey Grove 8 hrs ago #13
I don't think they deserve it. hookaleft 8 hrs ago #14
Fuck their feelings. Stacey Grove 7 hrs ago #15
They earned it. Proudly and by choice. Torchlight 5 hrs ago #20
Oh they deserve this and much more fujiyamasan 4 hrs ago #21
Fuck 'em. They voted for the rest of us to suffer, and now we are . . . hatrack 3 hrs ago #25
They won't see the light chicoescuela 3 hrs ago #28
I hope he gives Trump another $200K and leaves himself utterly destitute forever Orrex 6 hrs ago #16
For someone to make billions, someone else had to lose billions Blumancru 5 hrs ago #18
Beautiful D_Master81 4 hrs ago #22
Trump is loving it dalton99a 3 hrs ago #26
I have to admit that I feel sorry for those people. chouchou 3 hrs ago #29
Wasn't there some old saying about a fool and his money? Americanme 2 hrs ago #30
I hope he bleeds all the people who voted for him dry !!!!!!!!!!!!!!!!!!!!!! SamKnause 1 hr ago #31
Ha ha ha ha ha! Fuck these people!! 3_Limes 1 hr ago #32

BlueWaveNeverEnd

(15,648 posts)
4. "It is kind of incredible. It is almost a legal scam."
Sat Jul 11, 2026, 03:28 AM
9 hrs ago

Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
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.


Nicholas Pinto is among the losers. A frequent crypto trader who voted for Mr. Trump in 2024, Mr. Pinto said he invested a total of roughly $500,000 in the $TRUMP coin, and 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.”


The White House this past week rejected any suggestion that Mr. Trump has cashed in at the expense of his followers. Since arriving at the White House, Mr. Trump and appointees have curtailed regulatory oversight of the industry, including policies related to memecoins.

Despite the cratering prices, Mr. Trump has faced few consequences from his ventures, because federal regulators have largely abandoned crypto enforcement.
Stephen Gillers, a New York University law and legal ethics professor, said he would not be surprised if Mr. Trump and his partners eventually face a class-action lawsuit from followers who lost money — even though the Securities and Exchange Commission announced in February 2025 that it will no longer scrutinize memecoin deals.
https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html

https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html

tanyev

(50,023 posts)
19. Yeah, that jumped out at me, too.
Sat Jul 11, 2026, 07:54 AM
5 hrs ago

If the “grab ‘em by the pussy” audio didn’t make you question Trump’s trustworthiness, if his support for and refusal to intervene in the Jan. 6 insurrection didn’t make you Trump’s trustworthiness, if his conviction on 34 felony counts didn’t make you question Trump’s trustworthiness….then you are a special kind of stupid.

Hieronymus Phact

(798 posts)
23. there has to be a better explination
Sat Jul 11, 2026, 09:16 AM
4 hrs ago

My first thought is what media is he consuming? Fox most likely, but it could be worse.

blue_jay

(338 posts)
7. It's actually kind of horrifying to hear these stories
Sat Jul 11, 2026, 03:50 AM
9 hrs ago

Still so hard to believe the trust they put in him.

BlueWaveNeverEnd

(15,648 posts)
9. I know!! I wouldnt invest $200k in Obama coins.
Sat Jul 11, 2026, 04:02 AM
9 hrs ago

No matter how much I like Obama. Trump is their god

hookaleft

(1,492 posts)
14. I don't think they deserve it.
Sat Jul 11, 2026, 04:50 AM
8 hrs ago

You have to be ignorant and gullible to have fallen for this conman. Sometimes people change, maybe he will find his soul. He has got to be feeling pretty stupid right now. Hopefully he will see the light.

hatrack

(65,439 posts)
25. Fuck 'em. They voted for the rest of us to suffer, and now we are . . .
Sat Jul 11, 2026, 09:44 AM
3 hrs ago

And now they're whining because their stupidity and gullibility and full on platinum-plus cult membership is on display to the world.

But will they blame the con man? Never ever ever ever ever ever.

Again, fuck 'em.

Orrex

(67,628 posts)
16. I hope he gives Trump another $200K and leaves himself utterly destitute forever
Sat Jul 11, 2026, 06:55 AM
6 hrs ago

Fuck him and every other MAGA fuckhead so drunk on racism and cruelty that they let themselves be fooled by the most obvious bullshit in modern American history.

Fuck them.
Fuck them.
Fuck them.

Blumancru

(430 posts)
18. For someone to make billions, someone else had to lose billions
Sat Jul 11, 2026, 07:26 AM
5 hrs ago

A class action suit will probably be filed, as has happened when his other scams occurred. No doubt an entity was formed for the purpose of running the scam. Its assets are a few pieces of office furniture or something like that. He licenses his name and takes his cut from an LLC, which in this case stands for Lotsa Luck Collecting. They have ir down to a science now.

No sympathy for someone who doesn’t understand what he is by this point.

chouchou

(3,481 posts)
29. I have to admit that I feel sorry for those people.
Sat Jul 11, 2026, 10:10 AM
3 hrs ago

Frankly, their upbringing was lacking, education was not in their reality,,,plus their parents made sure that
the horrible words (Spic, Nig***) were spoken day by day.
Throw in Rush and Fox and you turn into "Citizen Idiot"...
The people here are lucky in a wonderful way....so am I.

Americanme

(608 posts)
30. Wasn't there some old saying about a fool and his money?
Sat Jul 11, 2026, 10:18 AM
2 hrs ago

Gotta be a damn fool to put any trust in an obvious conman.

SamKnause

(14,981 posts)
31. I hope he bleeds all the people who voted for him dry !!!!!!!!!!!!!!!!!!!!!!
Sat Jul 11, 2026, 11:21 AM
1 hr ago

When they are broke I hope they are denied all city, state, and federal assistance.

I will never forgive them for what they have done to this country.

3_Limes

(656 posts)
32. Ha ha ha ha ha! Fuck these people!!
Sat Jul 11, 2026, 11:30 AM
1 hr ago

The ONLY reason that he's now rethinking his support is that something negative happened to him personally. When other l people were getting screwed he was A-OK with it. Probably heartily approved. But now that it's him, it's a problem.

Zero sympathy for such ignorant jerks.

Latest Discussions»General Discussion»3X Trump voter invested h...