“… guys like me who have been debanked,” Donald Trump Jr. said
I had to look up “debanked”. Admitting to it has to be the financial equivalent of telling people you are a registered sex offender.
Trump promotes family's new crypto platform, 'The Defiant Ones'
Submitted 2 months ago by vegeta@lemmy.world to technology@lemmy.world
https://www.cnbc.com/2024/08/22/trump-crypto-defi-protocol-launch.html
Comments
EndOfLine@lemmy.world 2 months ago
Wrench@lemmy.world 2 months ago
What he means is he’s trying to funnel his wealth into assets that aren’t regulated and may be difficult to seize.
You know, to hide his money from the victims that he owes hundreds of millions to for his criminal behavior.
billiam0202@lemmy.world 2 months ago
No no no, he didn’t say “debanked” he said “Deutsch Banked.” As in, “I’m such a liability that the only financial institution that will work with me is shady Russian money laundering Deutsch Bank.”
NoForwardslashS@sopuli.xyz 2 months ago
Oh, now I should get into crypto. I’ve just been waiting for someone publicly convicted of multiple counts of fraud to start up a platform so I can pour all my money into that.
Voroxpete@sh.itjust.works 2 months ago
Hate to break it to you but this is not remotely close to being the first example of that happening.
MajorHavoc@programming.dev 2 months ago
Yeah! They missed investing with several known fraudsters already. Sure is lucky that yet another one is here to fill the gap!
NRay7882@lemmy.world 2 months ago
You mean you didn’t get your Trump trading card set, Bible or Golden sneakers?
GenosseFlosse@feddit.org 2 months ago
I wouldn’t get into crypto, but have you heard about this newfangled thing with the NFTs?
sugar_in_your_tea@sh.itjust.works 2 months ago
Does he accept unmarked bills?
rimmedalpha@lemmynsfw.com 2 months ago
I’ll buy their crypto with every counterfeit dollar I can find.
Randomgal@lemmy.ca 2 months ago
Felon cryptobro 100% speed run.
dhork@lemmy.world 2 months ago
We all know how this is going to end, right?
He’ll get his fans to buy his shitty token, and maybe even keep custody on his platform. Then if he loses the election, he’s gonna flee to Russia via Venezuela, while pulling the rug out from under all those “investors” and taking it all. Then he will publically state that Harris must have directed the NSA to hack his site. He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.
dch82@lemmy.zip 2 months ago
Voroxpete@sh.itjust.works 2 months ago
Win or lose, this is a rugpull.
MajorHavoc@programming.dev 2 months ago
He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile
Yep. Except that’s only until he runs his mouth and has a tragic fall from a window.
If I where to place a bet, I would say 3 months, tops.
Rai@lemmy.dbzer0.com 2 months ago
The fucked up thing is he’ll never leave the US, and he’ll never face consequences.
Azal@pawb.social 2 months ago
He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.
Honestly think he’d be safer in North Korea. Kim Jong Un could at least see him as an ally of “the world is against us.”
Putin already views Trump as a puppy that makes messes on the carpet… while running a dog fighting ring.
Ultraviolet@lemmy.world 2 months ago
“For too long, the average American has been squeezed by the big banks and financial elites,” Trump wrote. “It’s time we take a stand — together.”
Do people actually believe for a fraction of a second that Donald Trump of all people is on the side of the average American? And that the way to “take a stand” is with a crypto pump and dump scheme?
EncryptKeeper@lemmy.world 2 months ago
Yes. A great many people believe exactly that.
Krackalot@discuss.tchncs.de 2 months ago
I was going to invest myself, but I already lost $20,000 investing in the NFTs. Best purchase ever.
PerogiBoi@lemmy.ca 2 months ago
People will 100% kill for him. I’ve heard it from my own ears from people around me where I live. We in Canada.
whotookkarl@lemmy.world 2 months ago
Yes, some people are uninformed idiots.
conciselyverbose@sh.itjust.works 2 months ago
I know this is a crazy ask, but could we maybe have a presidential candidate not openly telling us he’s committing fraud while he’s on the campaign trail?
IllNess@infosec.pub 2 months ago
Jimmy Carter gave up his peanut farm when he became president. After his presidency, Rosalynn and Jimmy spent their time building affordable housing. Rosalynn passed away last year on November 19. at the age of 96. They were married for 77 years.
Crazy how some people view what a good leader is now…
beejjorgensen@lemmy.sdf.org 2 months ago
But the sweaters!
Bruhh@lemmy.world 2 months ago
Goddamn it would be so fucking easy to scam maga shitheads if I didn’t have morals
HawlSera@lemm.ee 2 months ago
Right? I’d just sell them N-Word Passes and claim “Naw bro, Trump signed them and everything, these are real.”
Azal@pawb.social 2 months ago
Hell, I think my biggest problem is I can’t think of anything dumb enough before they’ve already got it
I used to think I was a pessimist. But now after multiple “There’s no way people are that dumb” and being wrong I must be an absolute optimist.
Cethin@lemmy.zip 2 months ago
It is a significant departure from Trump’s previous stance on cryptocurrencies during his stint in the White House when he called bitcoin a scam.
Is it a departure? Trump running a scam seems perfectly in line with his previous stance.
lepinkainen@lemmy.world 2 months ago
He got paid by crypto bros, now he is pro crypto.
He was anti-EV until Elon paid him to care.
If he gets elected Putin will pay him to pull US support from Ukraine.
That’s how he works
pyre@lemmy.world 2 months ago
ikr as if scamming isn’t his favorite pastime
Aceticon@lemmy.world 2 months ago
People are presuming he used the word “scam” as most people do - with negative connotations - when, Trump being Trump it’s likely that the only negative thing he sees in a “scam” is him not making money from it.
vegeta@lemmy.world 2 months ago
I can use my degree from Trump University and make a boatload of money
iAvicenna@lemmy.world 2 months ago
only a scammer would do something like thi-
oh right.
Snapz@lemmy.world 2 months ago
Next test of the cult… are you fucking people actually about to line up to trust your financial future to dumb dumb eric trump and sniff sniff don Jr?
Azal@pawb.social 2 months ago
Personally I hope so. They’re burning the world, it’ll at least be fun to watch them flounder in the process.
Cethin@lemmy.zip 2 months ago
Except the Trump’s get rich off of it. I don’t know if the stupid people losing out so the rich assholes can gain is ideal for me. I’d rather the stupid people keep their money.
Regrettable_incident@lemmy.world 2 months ago
Maybe trump is beginning to think he might not win the presidency so he’s got to grift as much as possible while he can.
MajorHavoc@programming.dev 2 months ago
There’s likely some outright criminals who can’t easily send their dirty traceable money into politics directly to buy favors. Seems to me that this helps “solve” that.
I, personally, imagine high odds of a combination of:
- overt intentional crime happening in un-subtle ways
- disallusioned staff with no real reason for loyalty
- failure to stop at various “don’t do this or we will get caught” lines
If I were any kind of federal investigator, I would look into this with great interest.
badbytes@lemmy.world 2 months ago
GriftCoin
viking@infosec.pub 2 months ago
That guy has been milking every cow on the planet, you gotta appreciate the efforts. I’m just surprised there’s no NFT collection out there, that’d be befitting of a supreme con artist.
restingboredface@sh.itjust.works 2 months ago
crusty@lemmy.dbzer0.com 2 months ago
Wow those are terrible
BakedCatboy@lemmy.ml 2 months ago
Probably because he already did an nft collection apparently, according to the article.
realitista@lemm.ee 2 months ago
I can’t wait to see the level of grifts that will come when they really start to get desperate.
rottingleaf@lemmy.world 2 months ago
Not sure it can be called grift if he’s literally saying they will be funding him.
There’s no deceit involved in this case.
I mean, there’s no deceit involved in modern UI\UX in social platforms either, but the paradigms are taken from gambling machines.
realitista@lemm.ee 2 months ago
With Trump the grift is usually that they people who buy in think they are funding his campagn whereas he uses much of the money for other stuff like his personal lawsuits for business fraud and the like.
ThePantser@lemmy.world 2 months ago
The president should not have their own clothing line and currency.
NoForwardslashS@sopuli.xyz 2 months ago
But what if the clothing line was selling custom versions of high quality labels like Hugo Boss?
rottingleaf@lemmy.world 2 months ago
Your shirt can be any color as long as it’s black. Something-something honor and loyalty.
sugar_in_your_tea@sh.itjust.works 2 months ago
What’s wrong with owning a clothing line as president? As long as they’re not using their office to impact their business in any meaningful way, I have no issues at all with it. So before taking the oath of President, you should be required to demonstrate that you have removed yourself from any obligations or loyalties you may have (so appoint someone to take care of your company(s) and whatnot).
As long as decisions made by the company have zero relationship to the actions of the President, I’m fine with it. And Congress and the Supreme Court should have some checks against that (i.e. Congress should be able to set rules for the President through legislation, and the Supreme Court should be able to review executive actions and force divestment if there’s evidence of bias).
I despise Trump, but let’s not be hasty.
ThePantser@lemmy.world 2 months ago
Ok and the currency? That undermines the currency of the country he is serving. What if Biden came out with Biden Bucks you think he wouldn’t be attacked from every angle?
irotsoma@lemmy.world 2 months ago
A politician should not be allowed to own something they have the explicit power to artificially inflate the value of. For the president, that’s all businesses.
As for currency, again, the president has the ability to crash the value of the American currency and drive people to his currency in order to artificially inflate it. Sacrificing an entire global economy for personal gain should not be possible.
But not only is it possible, now with the recent Supreme Court ruling, he’d be immune to prosecution for doing it, so why wouldn’t he do it?
diggit@sh.itjust.works 2 months ago
They could have some fucking dignity for one thing. Respect the office.
Assman@sh.itjust.works 2 months ago
The Defunct Ones
SlopppyEngineer@lemmy.world 2 months ago
Covfefe Coin
hroderic@lemmy.world 2 months ago
Coinfefe
digitalturtle@lemm.ee 2 months ago
Grifters going to grift
Blackmist@feddit.uk 2 months ago
A new day. A new grift.
Freefall@lemmy.world 2 months ago
Up next, an innovative new sales technique. Get this, it is called Multi-level Marketing. Brand new, never been done before!
I bet the same morons that got his NFTs fall for this…the SAME PEOPLE (the ones that still have money left).
0x0@programming.dev 2 months ago
What could go wrong…
vga@sopuli.xyz 2 months ago
I wonder how the economics here work. If I enter the pump phase, leave before the dump, I’m effectively stealing money from the MAGA cult. Is that a good deed?
zcd@lemmy.ca 2 months ago
ChaoticEntropy@feddit.uk 2 months ago
Isn’t it weird that he waited this long…?
RegalPotoo@lemmy.world 2 months ago
So politics aside, would you really put any money into a financial system run by someone with a proven track record of driving businesses into bankruptcy?
militaryintelligence@lemmy.world 2 months ago
Now this is just comedy-level grifting. This can’t be real life
Nuke_the_whales@lemmy.world 2 months ago
New grift same grifter
sirico@feddit.uk 2 months ago
In before loan Paul is attached and Coffeezilla exposes it all as a rug pull
OhStopYellingAtMe@lemmy.world 2 months ago
Made Another Grift Again
garretble@lemmy.world 2 months ago
Ha. “I’m toxic to banks so we are going to try and grift our idiot followers” is fun.
TimLovesTech@badatbeing.social 2 months ago
So is he trying to say that he wants to build a crowd source lending institution that uses crypto? Or is this a Mt. Gox situation where they get people to buy their fake coins (a really good look for a son of a former President) and then are “hacked” and think nobody will be able to trace the coins back to them? And you know the whole reason they want to go crypto is so they can do money laundering/bribes and be “untraceable”.