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

[MilnerRoute]

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

[SquibblesRedux]

Crypto: The only way to win is not to play.

[dinfinity → SquibblesRedux]

Nonsense. The assholes creating shitcoins with the explicit intent to pump it and dump it get rich off it every time dumb saps buy into it. Sad but true.

[nly]

Direct transfers to your dear leader.

[xenospn]

If you knowingly go into business with a known grifter, what exactly do you expect? Everyone knows who he is. Everyone knows what crypto is.

[bediger4000]

That's only about $4,000 per investor on average. Acceptable to ameliorate Trump and Trump's family.

[paulpauper]

yeah, but also the entire crypto market crashed, too. Collectively investors lost hundreds of billions, of which Trump coin related losses were just a small fraction of this.

[rvz]

Time to buy.