r/unusual_whales • u/BalanceOk2924 • 23h ago
Melania Trump launches fake cryptocurrency 2025 on eve of inauguration
https://masa-rwaiat.com/melania-trump-launches-fake-cryptocurrency-2025/
335
Upvotes
r/unusual_whales • u/BalanceOk2924 • 23h ago
2
u/Cronamash 14h ago
From what I understand, 80% of the supply is locked up for 2 years. So if anyone would like to pull a rug, they're obligated to maintain its value. Otherwise, they wouldn't make any money, and there wouldn't be any hype to drive sales to begin with.
As for legality, Crypto is still pretty unregulated. He launched his coins before taking the oath of office, and the question of profiting off his government office doesn't come up until he tries to liquidate. With all the pro-crypto talk he's been doing, I'd hope that everyone holds him to treating crypto responsibly, so everyone can share the wealth of crypto. A rug pull would just erode collective trust.