First lady not named in suit in which investors allege Meteora executives created coin they knew would plummet
The designers of a cryptocurrency launched by the US first lady, Melania Trump, in January were accused in court filings on Tuesday of orchestrating a pump-and-dump scheme.
The $MELANIA coins were released for just a few cents each on 19 January, the day before Donald Trump was inaugurated as US president. In addition to $MELANIA, Donald Trump launched $TRUMP a few hours before his inauguration.
Within hours, the $MELANIA coin’s price soared to $13.73.
It being a scam was a given
I love that even the name did not tick them off… I mean $melania that smells like shit already.
Aren’t all meme coins just pump and dump? People only buy them because of made up hype and they know they will eventually be worthless
MAGA crowd is very easy to scam and exploit.
There was the Kirk website exploit and now this.
Looking forward to more. Maybe I should come up with something too.
Makes me wish I didn’t have scruples/morals/values sometimes. I could be a rich man with as gullible as these fucks are.
I think there has to be some crossover. I have yet to witness someone who is smart enough to grift, recognize grifters and has also not found something better to do with their time.
I have to imagine there’s hundreds of thousands of grifts that go nowhere by unintelligent fucks and we only hear of the ones that were successful. Not saying there’s no one out there like that, but I think there’s just barely any crossover in those two crowds.
I wouldn’t be surprised at all if all the big-time grifters were constantly being grifted as well because those are the types of people they surround themselves with.
Don’t forget Bannon’s bullshit wall-building scheme. The one he should have gone to prison for, but of course was pardoned by the pedo-in-chief.
MAGA crowd is very easy to scam and exploit
A lot of this isn’t scamming, strictly speaking. It’s a legalized form of bribery.
The Qataris are some of the biggest holders of these coins, as a means of extracting foreign policy concessions from the President
Yep. Probably a lot of marks got caught up in this, but it is most likely just a way to directly bribe this shitstain of a “president” by who knows what entities/countries.
“Architects of well-known type of crypto scam accused of running crypto scam.”
The words trump and fraud together in a headline does no longer surprises me
Anyone thinking this would be a good investment is a moron.
The purpose is obviously that the coin is for corruption.Not her, though?
Now go after all the other bullshit schemes this “administration” has been up to, including laundering money from who knows where to him and his failsons.
Well I, for one, am SHOCKED.
You mean the obvious scamcoin was a scam? GTFO of here. I don’t believe it.
“Gasp”
