Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big

https://www.nytimes.com/2026/07/01/us/politics/trump-crypto-memecoin-world-liberty.html?unlocked_article_code=1.uVA.lvRL.JE046xDJNWXV&smid=nytcore-ios-share

“I could have done so many deals, and I didn’t do deals,” he told The New York Times in an interview this year, adding, “I found out that nobody cared.”

Uh huh…

55 points · 5 comments · view on lemmy.world

5 Comments

Corvidae@lemmy.world · 7 pts · 77d

As president, he's supposed to be advocating for the common good, for all the US citizenry.

phutatorius@lemmy.zip · 4 pts · 76d

It's a laundered bribe.

MagicShel@lemmy.zip · 3 pts · 77d (1 reply)

I hate to see Trump enrich himself, but the only losers here were morons to begin with. I refuse to feel bad for them. They probably just look at it as a donation rather than a loss anyway.

fodor@lemmy.zip · 2 pts · 76d

You think crypto isn't tied up in finance for the rest of us? OK...

fodor@lemmy.zip · 2 pts · 76d

When big money does insider trading, they are stealing from us, all the little people with index funds in our pensions. Always name the victims.