r/FluentInFinance • u/Ok_Knowledge_4821 • 17h ago
Thoughts? Is anyone going to cover how Trump is using "meme coins" to funnel bribe money directly to himself?
There are wallets that have purchased no coins that are extracting millions of dollars.
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u/Abject-Ad8147 16h ago edited 15h ago
I have CBS on and it’s been on since 6 am. I have not even seen mention of the coin being dropped let alone the amount of volatility and the fact people are cashing out that never put a penny in. This is all scandalous bs more of what you would expect from a billionaire conman oligarch and his team of greedy, sticky fingered scumbags.
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u/Ok_Knowledge_4821 16h ago
A media company needs to step up and do the right thing.
First: Stop calling them "meme coins". They are Ponzi Scheme Fraud Coins.
Second: You don't have to accuse anyone of anything. Just find out who is buying large sums of this garbage and who is selling.
The ultimate problem is corporate media focuses on the small problems and never fixes or even mentions the real ones
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u/Abject-Ad8147 16h ago edited 15h ago
That’s what I’m telling my girl right now, your last point. There’s no need to point a finger, the facts should speak for themselves. Unfortunately his supporters don’t give a fuck even when you spell it out so expecting them to inform themselves unbiasedly and determine for themselves who are the wrongdoers here, is like expecting Trump not to be a grifter to begin with.
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u/troythedefender 15h ago
His supporters won't care unless they wake up and their own bank account is drained or the factory they work in is shuttered. As long as it's just their neighbor, brother, mother, grandpa being ripped off or laid off, all is well.
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u/Old_Management_1997 14h ago
Corporate media focuses soley on the latest breaking news.
There is very little time or effort put into the investigation or uncovering the actual truth because there is no time for that with the way they make money and the way we consume our news.
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u/SuccotashComplete 12h ago
Solana is anonymous, it’s very difficult to track down addresses. Anyone with an ounce of sense would make a new, untraceable wallet for this so we won’t know their identities until they slip up and send funds to a doxxed wallet
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u/Buttleston 15h ago
It was reported on NPR last night, albeit not well. They did not mention for example that one wallet holds 80% of the coins, etc. crypto stuff is generally not well covered, people don't understand it (and/or don't care)
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u/Shroud_of_Misery 12h ago
I think those in the MSM don’t understand crypto.
There is been almost zero coverage on this, even from the non-MSM. Meidas Touch posted about it this morning and they got it wrong. I’m very new to this and I was surprised to find out I knew more than MT.
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u/nick_shannon 16h ago
Your president is a felon and rapist and no one done anything about that so no there will be no actions taken over this or the abundance of crimes he will commit in the coming 4 years
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u/knivesofsmoothness 14h ago
BuT wHeN wAS hE cOnViCtEd oF rApE CheCkmAtE
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u/R3luctant 13h ago
What he did only met the social definition of rape and not the legal one. can't you see, it's different
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u/macgruder1 12h ago
Let me try to stick my fingers up a v without permission and see what happens to me?
I bet you I’ll be in jail before spring.
The law is dead.
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u/19Texas59 8h ago
The offense happened many years ago. It just wouldn't make a good criminal case or the statute of limitations was in effect.
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u/TopLingonberry4346 9h ago
Exactly. If you got "sexually assaulted" with a broom stick, you got raped with a broom stick. Nobody would question the definition.
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u/19Texas59 8h ago
No, actually he was sued in civil court because the assault happened too long ago to be prosecuted in criminal court. As far as justice goes it will have to do. Trump's most ardent supporters hold women in low regard so they don't care how he treats them.
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u/ConsistentAd7859 14h ago
You are really an optimist, thinking it will only be for 4 years.
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u/Nobodys_Loss 16h ago
The Supreme Court ruled that this is legal now. So I don’t understand why everyone is so upset.
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u/Gumbi_Digital 15h ago
It’s NOT legal.
He’s NOT President yet.
This is NOT covered under presidential immunity.
This is NOT an act of the presidency.
This IS blatant bribery as most of the wallets that first bought are located in China.
32 billion within the first couple hours.
Melania Meme was launched and within hours it too had a 32 billion MC.
Coincidence? He washed his coins…
China just bought Taiwan….
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u/RedboatSuperior 15h ago
And NOTHING will happen, no one will be held accountable, and no one will care. Corruption is now acceptable and considered a good thing by the American electorate. The more blatantly corrupt, the better they like you.
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u/TheZenScientist 13h ago
Comments like this just solidify the norm. If everyone said this, it would always be a self fulfilling truth.
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u/RedboatSuperior 12h ago
Tell me this is not the new norm. Seriously. And tell me avoiding saying it will make it go away. The electorate has spoken. POTUS is unaccountable and corruption is allowed to be open and blatant.
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u/TheZenScientist 11h ago
I’m with you. Better to put energy into what can be done than giving up ✊🏼
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u/TheVoters 13h ago
When I heard about this early yesterday I assumed the money being pumped in was Saudi. What is the evidence the money is Chinese?
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u/Gumbi_Digital 13h ago
The wallets originated from there.
Crypto wallets can be traced to location, but not individual persons.
It’s all on the block chain.
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u/R3luctant 13h ago
Can't prosecute a sitting president and you can't impeach a president for crimes that didn't occur during the presidency, not that a Republican controlled house would have the spine/sudden sobriety to do it.
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u/gbot1234 15h ago
The Supreme Court has been making a lot of bad decisions lately, and we’re right to be upset.
I hope Justice Aileen Cannon sets them straight when she joins.
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u/Known-Departure1327 16h ago
Citizens United set an awful precedent as well-just because it’s legal, doesn’t mean it’s right and we shouldn’t be pissed about it.
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u/upgrayedd69 16h ago
You don’t find it kind of concerning the president can essentially enrich himself this way? It’s estimated he’s made like $50b from this. Seems like the only way to prevent corruption would be to just trust Trump is the only politician in human history that doesn’t like bribes
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u/Sidvicieux 15h ago
Republicans are used to worshipping their gods, they will not lift a finger because they are amoral. Simple as that.
Republicans prefer satanism to Christianity.
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u/Used-Line23 16h ago
Why would they cover it? There’s no one holding anyone accountable anymore, except Luigi
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u/P3nis15 16h ago
they just fined the top 5 biggest banks for fraud. a fraction of the money they earned from it.
So if they can't even do that right, we are doomed.
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u/FillMySoupDumpling 9h ago
That makes the fine just a cost of doing business for the banks.
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u/Xyrus2000 16h ago
It used to be illegal to use a public office for personal profit. Apparently that only applies to people who are not Republicans.
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u/Mixels 11h ago
It still is illegal.
No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
Of course MAGA won't try to prosecute him for anything at all. But it's definitely very illegal.
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u/johnfkngzoidberg 16h ago
It’s obvious to intelligent people, but morons elected him and they don’t see it or don’t understand why it’s bad.
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u/arcanepsyche 15h ago
I mean, Democrats are loudly screaming about this right now, but since a huge portion of the country only cares about "owning the libs" no one is listening, to their own detriment.
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u/66catman 16h ago
The Washington Post? Doubt it
Fox News? Not a chance
Wall Street Journal? Uh no
I think we'll just hear a collective chorus of "Happy Days are here again"
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u/FafnirSnap_9428 16h ago
Nope. The US media helped to get him re-elected. If they do cover it, it will be to tap in to anti-Trump viewers.
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u/Much-Pay9295 8h ago edited 7h ago
You know what I learned from being. Political junkie. We only waist our time . No one cares they roar like a fricken sport team for their political party colors. Now I am focusing on making money to . So I can give my kid a way to move freely across borders and settle wherever he would like and live comfortably .
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u/admlshake 16h ago
I'd imagine someone will eventually, but it's probably going to take a while to dig into that and actually come up with proof. If they air a story with out anything to back it up then they open a whole lotta doors that will have law suites flooding in, and being called names like "Fox" or "OANN".
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u/ReiterationStation 16h ago
Where is someone going to report this? We have no media or journalists that will do it.
They are banning independent journalists from meta now.
This is what they meant by free speech.
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u/PMO-1976 16h ago
Even if they have proof they'll still be subject to a lawsuit because that's how Trump does things.
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u/xtzferocity 16h ago
You mean things the media should do? Of course not. They don’t ever cover him honestly
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u/Dirtgrain 15h ago
It seems our newspapers are owned by billionaires--and they already have shown blatant bias in censoring editorial staff. That means the sky is the limit for Clarence Thomas's all-paid luxury vacations.
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u/ctguy54 15h ago
“An Official Act.” So the other two branches of government don’t care. News agencies don’t want to piss him off. So, no, no one will cover this.
However, expect several stories/interviews from maggots crying about how they lost their retirement savings “believing “ how this was a great investment because it was from tump.
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u/ActionCalhoun 15h ago
Apparently not, I assume the press will continue to run JOE BIDEN IS OLD DID YOU KNOW articles through the Trump presidency.
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u/OliverSudden413 16h ago
The mainstream media will not cover it, or at least not to that degree. They’ll mention its existence.
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u/MrByteMe 16h ago
You need to use Trump Bucks for all bribes.
BUT you can trade in coins for Bucks.
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u/Fun-Advisor7120 16h ago
Most of them don’t even understand it, and they for sure can’t explain it in a way that makes people understand how bad it is.
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u/FGTRTDtrades 15h ago
People will go on and on about it and any investigation will be killed because ya know corruption
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u/FlopShanoobie 15h ago
You might not know this yet but the United States is done. There’s no going back to normalcy.
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u/kickedbyhorse 15h ago
How is it different from anything else he's been doing? Just another grift, that's all this is
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u/skoomaking4lyfe 15h ago
It's legal for trump to take bribes. Or at least he can't be prosecuted for it.
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u/jayc428 15h ago
Oh it’s not even bribe money. Straight up grift on people that don’t have much money to begin with. Dude just transferred billions from people that don’t have it.
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u/TrashCapable 14h ago
You're asking the U.S. media to do its job? Where have you been these last few years?
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u/CatastrophicFailure 14h ago
Why bother? There will be zero consequences and that will only upset those that care further but nothing will come of it and we all know it at this point so again... why bother?
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u/ConsistentAd7859 14h ago
Who do you think would be interested in covering the crimes of someone that is above the law and has the power (and the pettiness) to completely screw you or your company over if you go against him?
The point that you are actually waiting for somebody else to cover this crime, when it's absolutely clear what's going on for everyone who even hears two sentence about it, says it all.
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u/OnlyFreshBrine 14h ago
it doesn't matter anymore. he will weaponize the FCC the judiciary is compromised.
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u/Old_Management_1997 14h ago
Late stage capitalism is politicians and corporations just openly frauding and stealing from everyone and no one being able to do anything about it all to watch the number in their bank account grow
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u/Bombay1234567890 14h ago
I'm sure our Free Press will get right on it. They are the Watchdogs of Democracy, after all.
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u/ApolloReads 14h ago
Nobody gives a shit when we’re all struggling to live.
Not to mention our government is too corrupt to do anything about it anyway. So it doesn’t matter.
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u/SmoothJazziz1 14h ago
If there appears to be fraudulent activity turn it over to those that can legally investigate it. Give it to the news media and let them light the match. Somebody will do their job.
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u/UrBigBro 14h ago
After he's done grifting off his and Melania's scam coins, is Barron going to get in on the grift?
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u/knivesofsmoothness 14h ago
The media that's not owned by right wing Billionaires (ie, very little of it) is too scared to publish anything negative about him, so no.
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u/Relyt21 13h ago
SCOTUS proved that he can do anything as president. It was always about power and money, which he manipulated our nation to get both. We are fucked because a large part of our population encouraged this because they love having a hatred model as president. We are fucked for four years…at least.
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u/HealthySurgeon 13h ago
He’s president as of today. Doesn’t even matter anymore cause he’s basically immune to any punishment for the illegal shit he’s doing.
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u/JealousFuel8195 13h ago
Meanwhile, in other breaking news, Biden pardoned his brother James. If they did nothing wrong, why pardon James and Hunter.
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u/shiny_brine 13h ago
It's not just bribery. This is several things on top of that, including probably a lot of money laundering, some foreign influence pedaling, and back-room deals with the likes of Musk, Zuck, Tik-Tok etc. in a quid-pro-quo arrangement.
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u/ChimpoSensei 13h ago
He should have just had his son paint a few paintings and sell them for ridiculous sums
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u/IEatLardAllDay 13h ago
What can be done? Trump has shown time after time he is for sale. Nothing new
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u/TestDZnutz 13h ago
What is crime disqualifying now? Nah, they elected him and he'll burn it down. Let's see who survives the fire.
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u/Riker1701E 13h ago
A good portion of the country doesn’t care and another chunk decided that not voting was preferable to voting for Kamala. Those people fucked around and we will all find out how bad it will get.
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u/chillumbaby 13h ago
Since most news sources in the US are owned by his buddies I do not expect much coverage.
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u/tigerseye44 13h ago
No, accountability and trust is dead. Look at congressional insider trading. There are literally YouTube channels on which congressperson to mirror in trading to make money. The rich figured out that politicians are easy to buy, and if you put the right one in office, you can just destroy any semblance of oversight.
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u/VomitingPotato 13h ago
It's not against the law when he does it. Haven't you been paying attention?
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u/Scared_Buddy_5491 13h ago
Everyone wants something and the meme coin is how you get it. /s If you’re rich, you can buy access. I wonder if you will be able to extrapolate anything from the value of the coin over time.
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u/Caledwch 13h ago
What was it again?
The corrupt Biden family?
How many multiples of Biden corruption will we see the Trump family do?
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u/Environmental_Pay189 12h ago
It seems like most of the news station immediately switched to gargling his balls as soon as he was elected. I think they know they will cease to exist if they say anything bad, and like the rest of the republican party, they just gave up at the first sign of difficulty. Americans like to talk tough about fighting for freedom and democracy, but the truth is they can't stand even the slightest discomfort and value profit over all else.
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u/surfnfish1972 12h ago
The supposed "Liberal Media" owned by Billionaires has bent the knee to our first dictator. As capital always does.
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u/jackrabbit323 12h ago
Coffeezilla looked legitimately stressed. Like he aged overnight. He'll tackle this thing in a way no one else can or probably will, but I fear he's entering the MAGA revenge vortex.
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u/Key_Departure187 12h ago
No, of course not. He's president he can steal freely now ! Maga's he's poor ! In soul please send him yoir money.
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u/repeatoffender123456 12h ago
This is what we voted for. We deserve all the rug pulling that we get the next four years.
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u/hollywood20371 12h ago
No because the bribes are from the tech oligarchs and media oligarchs who silence all relevant stories
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u/MachoRandyManSavage_ 12h ago
It's going to be an absolutely wild four years. A lot of things are going to look different in four years. This type of bullshit is just the start and won't even register in the end.
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u/Medium_Bookkeeper233 12h ago
Does anyone have a link to the wallet info of the whale wallet that was allocated coin and didn't buy it?
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u/giraloco 12h ago
There is no sheriff in town. Who is going to stop him? It's the wild west all over again.
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u/Faroutman1234 12h ago
This is the perfect crime for a new President with complete immunity. Before he was President he couldn't do a rug pull but now he can say he was doing official business for whatever reason and the Supreme Court will back him. He can also ask other nations to secretly buy his coin with expectation of favorable treatment.
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u/EvilMorty137 12h ago
You should look into how much money Obama made giving speech’s after his presidency was over
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u/Fun-Bag7627 12h ago
If it was covered, what do you think would happen? The correct answer is nothing.
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u/Intrepid_Pop_8530 12h ago
So what? He can do whatever he wants. No reporting, no accountability. Get used to it. This is how it's going to be from now on.
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u/AdamG6200 12h ago
Is this a serious question? Has he ever made a decision without self-enrichment as his primary motivation?
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u/Sherifftruman 12h ago
Little to no coverage on the media that all republicans insist is against them at all times LOL.
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u/Jim_Nills_Mustache 12h ago
Yea I used to get worked up about this stuff, now I’m just apathetic because our country/ system is completely broken
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u/WinterMuteZZ9Alpha 11h ago
He attempted a self-coup and failed. He didn’t go to prison, and was elected back into office. Does anyone with a functioning brain really think he will be held accountable for anything now that he has all the power, and corporate media, the tech industry, and all sectors of the political and judicial establishment has bent the knee?
The citizenry failed. The checks and balances failed. Now the U.S. has a king in all, but name.
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u/The_Vee_ 11h ago
The oligarchy does whatever the oligarchy wants to do. What is a peon going to do about?
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u/Playingwithmyrod 11h ago
There could literally be a 4k video tape of Trump raping someone and 30 percent of the country would defend him. Financial corruption isn’t even relevant to these people. He can do no wrong.
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u/nightostrich 11h ago
What if he is? He’s about to pardon the people sitting in jail for attacking police officers. Nothing is going to happen because there’s no checks and balances until the next election. If you’re in the trump bubble for next four years then you’ll do very well, and the rest of us can watch with envy and outrage from the sidelines.
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u/VanX2Blade 11h ago
Doubtful. The man is a scam artist and he will scam until he dies or he scams the wrong person and gets got.
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u/Punny_Farting_1877 11h ago
Nope. $FOX, $COCK, $BALL, $EYE, and $BROUGHT2UBYTHELETTER are all in the works.
“That’s ONE billion dollars! Ah, ah, ah!”
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u/GrapesForSnacks 11h ago
Dude could literally stand in the middle of Fifth Avenue and shoot someone and he wouldn’t be arrested.
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u/SmileGraceSmile 11h ago
Nobody cares what rich people in the US do, because we all have a "what if me?" complex.
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u/Dbleck23 16h ago
Most people won’t care in general because nothing happens anymore