Thief in chief…..

Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin

Source: New York Times

Nearly 1 million people who bought President Trump’s memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.

The analytics firm’s assessment was calculated this week after Mr. Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.

The odds were always in his favor. Mr. Trump profited whether the price of his memecoin went up or down. He collected returns whenever anyone traded the tokens, as he repeatedly pushed his followers to do, using his Truth Social account to promote the coin. . .

Cumulatively, these 988,905 wallets have lost a total of $3.81 billion, including buyers who have held on to their stash and recorded paper losses, according to Nansen. The coin was trading at $1.76 as of Friday, down 97 percent from its peak price of $75.35.

Read more: https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html

20 minutes ago, ArcticCrusher said:

Reagan's speech is more valid today. The flock is totally clueless.

It’s a little scary how dumb some of these guys are. Because they vote.

On 7/5/2026 at 8:38 AM, racer254 said:

What's the point of this thread or others like it?

Just examples of how Trump is enriching himself off his presidency. You know, the opposite of what we the people want in a president.

10 minutes ago, akvanden said:

Just examples of how Trump is enriching himself off his presidency. You know, the opposite of what we the people want in a president.

So you’ve reviewed his balance sheets and the statutes of what is legal. And you did the same thing for every president in the past 30 years who came in with a few bucks and retired as multi millionaires? I don’t recall you making much noise about that. Public sector guy.

3 minutes ago, DriftBusta said:

So you’ve reviewed his balance sheets and the statutes of what is legal. And you did the same thing for every president in the past 30 years who came in with a few bucks and retired as multi millionaires? I don’t recall you making much noise about that. Public sector guy.

No I just used common sense that no one wants politicians using their elected office for personal enrichment. That’s why we try (although poorly) to restrict what they’re allowed to do. Emoluments clauses, anti bribery laws, STOCK Act, financial transparency, tax releases, ethics in govt act, etc etc etc. We know that power corrupts and try to curtail it.

Do you think it’s a good thing that he’s the first president reporting stock trades, many in which are just prior to favorable announcements? Do you think it’s a good thing that foreigners are buying into his crypto businesses while he’s in office?

Why are you so adverse to calling out Trump? You think presidents should be able to use their office to enrich themselves in the billions of dollars? I don’t, regardless of party. It’s not hard, you can do it.

2 minutes ago, akvanden said:

No I just used common sense that no one wants politicians using their elected office for personal enrichment. That’s why we try (although poorly) to restrict what they’re allowed to do. Emoluments clauses, anti bribery laws, STOCK Act, financial transparency, tax releases, ethics in govt act, etc etc etc. We know that power corrupts and try to curtail it.

Do you think it’s a good thing that he’s the first president reporting stock trades, many in which are just prior to favorable announcements? Do you think it’s a good thing that foreigners are buying into his crypto businesses while he’s in office?

Why are you so adverse to calling out Trump? You think presidents should be able to use their office to enrich themselves in the billions of dollars? I don’t, regardless of party. It’s not hard, you can do it.

Is it legal? Then I am not going to wring my hands over it. He was a billionaire before he took office and will be a billionaire after he leaves. His net worth went down after his first term. Think about that. Wait. I forgot who I was talking to. Why should I be adverse, and jump on the “shit on Trump” band wagon that you absolute fools ride every single day? That won’t be happening. In 2 years when he’s gone I can’t wait to see you guys pivot and shit on Rubio or Vance for whatever the media tells you to.

24 minutes ago, DriftBusta said:

Is it legal? Then I am not going to wring my hands over it. He was a billionaire before he took office and will be a billionaire after he leaves. His net worth went down after his first term. Think about that. Wait. I forgot who I was talking to. Why should I be adverse, and jump on the “shit on Trump” band wagon that you absolute fools ride every single day? That won’t be happening. In 2 years when he’s gone I can’t wait to see you guys pivot and shit on Rubio or Vance for whatever the media tells you to.

3 minutes ago, Mainecat said:

So arrest him. Impeach!

9 minutes ago, DriftBusta said:

Is it legal? Then I am not going to wring my hands over it.

Of course you won’t have an opinion on right vs wrong, but let me guess, Pelosi’s stock trading is wrong, correct? 😂

Weird, whether what’s she’s doing is legal or not, it’s wrong! Wow, that was tough to say. 🙄

21 minutes ago, DriftBusta said:

He was a billionaire before he took office and will be a billionaire after he leaves.

I’m not concerned about his personal wealth per se, I’m concerned for the exact same reason all that laws were put into place to begin with; corruption and buying influence. How is foreign influence and foreign $ affecting foreign policy? How is it affecting pardons? For example…

31 minutes ago, DriftBusta said:

That won’t be happening. In 2 years when he’s gone I can’t wait to see you guys pivot and shit on Rubio or Vance for whatever the media tells you to.

I’ll shit on anyone, like I openly did on Biden and Kamala while you were gone. You however are a partisan hack that can’t differentiate right from wrong (well, you seem to be able to when it’s the democrats). As long as it’s your guy you’ll turn a blind eye and offer up all kinds of whataboutisms.

1 hour ago, DriftBusta said:

So arrest him. Impeach!

The SC made him immune but that’s a story for another day.

"I am going to say I'm against both sides making money is elected office so I don't look like such a biased hack."

Hmmm.....yet, it's only come out of your faces now that Trump is in office. Yeah...everybody believes you all. Trust me, we remember you complaining about the Biden crime family daily. mhm.

17 minutes ago, Zambroski said:

Hmmm.....yet, it's only come out of your faces now that Trump is in office. Yeah...everybody believes you all. Trust me, we remember you complaining about the Biden crime family daily. mhm.

Cool whataboutism.

Guessing you’re unable to condemn it either. Biden yes, Pelosi yes, Trump deflect.

20 minutes ago, akvanden said:

Of course you won’t have an opinion on right vs wrong, but let me guess, Pelosi’s stock trading is wrong, correct? 😂

Weird, whether what’s she’s doing is legal or not, it’s wrong! Wow, that was tough to say. 🙄

As

I’m not concerned about his personal wealth per se, I’m concerned for the exact same reason all that laws were put into place to begin with; corruption and buying influence. How is foreign influence and foreign $ affecting foreign policy? How is it affecting pardons? For example…

I’ll shit on anyone, like I openly did on Biden and Kamala while you were gone. You however are a partisan hack that can’t differentiate right from wrong (well, you seem to be able to when it’s the democrats). As long as it’s your guy you’ll turn a blind eye and offer up all kinds of whataboutisms.

I support campaign finance laws, and term limits. Something that our Congress will never give us unless we march on Washington in the millions. You are implying that Trump is selling influence because he’s Trump, nothing more. Not that he is making deals that will benefit the country, from both a business and patriotic rationale. You have never acknowledged that Trump is far and away a disruptor to the Washington elite and not one of them. That is why I support him. You and a few others here get guthooked on every media story that they feed you. Then you play contrarian to the people who can see the big picture here …..not interested in going back-and-forth on that. Are you a public sector employee? You’re definitely a hack. Stay buried in the minutia.

7 hours ago, racer254 said:

What do you mean "imagine"? The bidens were in office for 40+ years. They were doing for that long

how much did they grift $ wise in comparison to what the Trump 'Crime Family' has in the last year and a half?

eric and don jr are experts on crypto, drones, robotics and rare earth mineral mining now after conquering the real estate market, in the same way hunter Biden was a world renowned artist and overqualified to be on the board of Burisma.

same-same?

drain the swamp...

1 hour ago, akvanden said:

Cool whataboutism.

Guessing you’re unable to condemn it either. Biden yes, Pelosi yes, Trump deflect.

You got it! I was most certainly talking about "we", aka, "the flock".

"the flock" as in magas or libtards. The only two groups that can't seemingly see anything political that isn't spoon fed to them by their shepherds.

Just now, Deephaven said:

"the flock" as in magas or libtards. The only two groups that can't seemingly see anything political that isn't spoon fed to them by their shepherds.

It's good to know who you are and sit up at attention when mentioned.

25 minutes ago, Deephaven said:

"the flock" as in magas or libtards. The only two groups that can't seemingly see anything political that isn't spoon fed to them by their shepherds.

Yes. No one has their finger on the pulse of the body politic like you.

Magas are triggered...

23 minutes ago, DriftBusta said:

I support campaign finance laws, and term limits.

That’s great, me too. Less money, the better.

24 minutes ago, DriftBusta said:

You are implying that Trump is selling influence because he’s Trump, nothing more.

Oh really. What do you think about the Abu Dhabi royal buying into half his crypto company before allowing the UAE access to chips? What do you think about the binance founder pardon and the help they provided their crypto?

It’s a lot more.

1 hour ago, DriftBusta said:

Not that he is making deals that will benefit the country, from both a business and patriotic rationale. You have never acknowledged that Trump is far and away a disruptor to the Washington elite and not one of them. That is why I support him.

And enriching himself. Wouldn’t it be great if he could make deals without that?

1 hour ago, DriftBusta said:

You and a few others here get guthooked on every media story that they feed you.

Like what? Please tell me what I’m guthooked about. Or is this more of your feelings?!? 😂

1 hour ago, DriftBusta said:

Then you play contrarian to the people who can see the big picture here …..not interested in going back-and-forth on that.

No shit you don’t. It would be void of fact and full of feelings. “Trump needs quid pro quo to enrich himself so he can get all these deals done for the people!

So back to my original post, you’re not ok with Pelosi enriching herself with stock trades, but you are with Trump, right? Bigger picture and all?!??? 😂

45 minutes ago, Zambroski said:

You got it!

I knew it.

1 hour ago, Crnr2Crnr said:

eric and don jr are experts on crypto, drones, robotics and rare earth mineral mining now after conquering the real estate market, in the same way hunter Biden was a world renowned artist and overqualified to be on the board of Burisma.

same-same?

drain the swamp...

Can you imagine a side by side list between the families? Wouldn’t that be telling

23 minutes ago, akvanden said:

I knew it.

Can you imagine a side by side list between the families? Wouldn’t that be telling

Oh man! Wouldn't it be though! Why don't you get it started. Let's laugh together!

14 minutes ago, Zambroski said:

Oh man! Wouldn't it be though! Why don't you get it started. Let's laugh together!

Will do! Can you help with Biden top 5 along with $ amounts. I’ll work in Trump. And no worries, I’ll consolidate for your (our) laughs!

Guessing you won’t, but worth a shot. 😉

13 minutes ago, akvanden said:

Will do! Can you help with Biden top 5 along with $ amounts. I’ll work in Trump. And no worries, I’ll consolidate for your (our) laughs!

Guessing you won’t, but worth a shot. 😉

No, you do Biden. Good luck. He went from 100k in 2020 to $10M now....that can be counted. And we know the rest is in a myriad of overseas accounts.

1 hour ago, Zambroski said:

He went from 100k in 2020

A 76yr old two-time VP with only $100k? Holy fuck. 😂

“Forbes estimated around $9 million in 2019 (pre-2020 election)”

1 hour ago, Zambroski said:

And we know the rest is in a myriad of overseas accounts.

Really, tell us some more! You know, for the laughs. 😂