General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums3X Trump voter invested his house purchasing money ($205k) in Trump scams, now valued at $30K.
6 minute youtube from Forbes
Im 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"
OAITW r.2.0
(33,048 posts)Prof. Toru Tanaka
(2,996 posts)Let me guess .is it made from fools gold?
durablend
(9,515 posts)
Demobrat
(10,314 posts)something something something.
chicoescuela
(3,401 posts)Lyric from a song that I cant recall at this moment
Stacey Grove
(249 posts)I've never been wrong about a MAGAt.
Zero sympathy.
BlueWaveNeverEnd
(15,648 posts)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 publics 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
edhopper
(37,717 posts)Hieronymus Phact
(798 posts)"...when he seems trustworthy in the publics eye,
tanyev
(50,023 posts)If the grab em by the pussy audio didnt make you question Trumps trustworthiness, if his support for and refusal to intervene in the Jan. 6 insurrection didnt make you Trumps trustworthiness, if his conviction on 34 felony counts didnt make you question Trumps trustworthiness .then you are a special kind of stupid.
Hieronymus Phact
(798 posts)My first thought is what media is he consuming? Fox most likely, but it could be worse.
BootinUp
(51,828 posts)StoolPigeon
(283 posts)You're out.
lame54
(40,506 posts)blue_jay
(338 posts)Still so hard to believe the trust they put in him.
BlueWaveNeverEnd
(15,648 posts)No matter how much I like Obama. Trump is their god
Raven123
(8,086 posts)Stacey Grove
(249 posts)hookaleft
(1,492 posts)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.
Stacey Grove
(249 posts)Torchlight
(7,408 posts)fujiyamasan
(2,240 posts)FAFO at its best here
hatrack
(65,439 posts)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.
chicoescuela
(3,401 posts)Orrex
(67,628 posts)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)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 doesnt understand what he is by this point.
D_Master81
(2,762 posts)You love to see people this far gone learn a hard lesson about following Trump.
dalton99a
(96,556 posts)chouchou
(3,481 posts)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)Gotta be a damn fool to put any trust in an obvious conman.
SamKnause
(14,981 posts)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)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.