Trump has run the same play his whole life: he gets rich while the people who believed in him go broke. His financial disclosure was released today. All 927 pages of it. Turns out, all of you who bought Trump’s meme coin got wrecked while he cashed out big. Let’s start with the crypto. Part 1: Crypto Crypto is now Trump’s #1 source of income. Bigger than every hotel, tower, and golf course he owns COMBINED. Last year Trump personally made ~ $1.4 BILLION from crypto, but the regular people got crushed: – His
$TRUMP meme coin collapsed from $75 to $1.68. In the first weeks alone, about 813,000 wallets lost roughly $2 BILLION. – His World Liberty token fell 80%+, and most small buyers were LOCKED and couldn’t even sell while insiders got out. – For every $1 the insiders made in fees, small traders lost about $20. Red flags identified so far:
He and his partners control ~80% of the meme coin supply. The house always wins. He’s literally treating it like his bankrupted casinos.
He pocketed ~$320M in trading fees off the same people losing their money.
He personally deregulates the exact industry paying him a billion dollars a year.
And one of the most alarming ones to me. It’s a foreign cash pipe. An Abu Dhabi state fund ran $2B through his stablecoin, and 3 of every 4 of his top coin holders are foreign. So, anyone, anywhere, can pay the president anonymously using this structure. It’s the same man with the same pattern as all previous bankruptcies, just new victims with a new scheme.
There is some pushback at the link above. I am noot well-informed on these natters but post this since it is part of our world today. ABN
American Buddhist Net 