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tomder55
May 12, 2025, 06:07 AM
$TRUMP meme coin, that Trump launched to “have fun ” is turning into a lucrative business with more than $320 million made by trading in the coin.

The Trump family holds 80% of them. The rest ? Well many of them are foreign donors .....ooops I mean investors .
Foreign Interests Appear to Be Pouring Millions Into Trump’s Meme Coin (https://nz.news.yahoo.com/foreign-interests-appear-pouring-millions-144016334.html)


Among the major holders of the Trump meme coin, more than half come from foreign trading platforms that claim to ban U.S. users, indicating that many buyers are from outside the United States.......
Currently, an analysis by Bloomberg shows that among the top 25 holders registered on the website leaderboard, all but 6 are using foreign trading platforms that claim not to accept U.S. residents. Among the top 220 holders on the leaderboard, at least 56% are using similar offshore trading platforms.

Bloomberg: TRUMP coin is dominated by foreign buyers, dinner promotions raise regulatory concerns. - AiCoin (https://www.aicoin.com/en/article/458418)



I was critical of the Biden crime family's pay to play . To be consistent I have to call out Trump for the same.

The top 220 investors will win the right to dine with Trump where probably the quid pro quo will be discussed.

But that is just a slice of the pie.

Last fall Trump and family launched World Liberty Financial. It has raised $550 million since . Eric and Donald Jr are active managers . It was cofounded by Zach Witkoff, son of Trump Middle East envoy Steve Witkoff .

In fact the principles list of the company is loaded with Trump and Witkoff names.


8. Supporting Team* Inspired by the vision of Donald J. Trump, the team supporting the WLF commitment to reshape the financial landscape includes:

Donald J. Trump – Chief Crypto Advocate
Eric Trump - Web3 Ambassador
Donald Trump Jr. - Web3 Ambassador
Barron Trump - Web3 Ambassador
Zak Folkman - Co-Founder
Chase Herro -Co-Founder
Steven Witkoff –Co-Founder
Zach Witkoff -Co-Founder
Alex Witkoff -Co-Founder
Corey Caplan –Head of Technical Strategy
Octavian Lojnita -Blockchain Lead
Bogdan Purnavel –Lead Developer
Reg S (1) (6) (https://static.worldlibertyfinancial.com/docs/us/gold-paper.pdf)

Both Trump and Witkoff are headed to the Middle East . Among the places they will go is UAE and it's Capital Abu Dhabi .

Abu Dhabi announced this month they would invest $2 billion in World Liberty Financial’s tokens

Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance, co-founder says | Reuters (https://www.reuters.com/world/middle-east/wlfs-zach-witkoff-usd1-selected-official-stablecoin-mgx-investment-binance-2025-05-01/)


Justin Sun ;a Chinese billionaire invested $75 million in World Financial. What did that get him ? It got him a reprieve from the SEC.
Justin Sun Reportedly Spent $75 M. on Trump-Backed Crypto Firm (https://www.artnews.com/art-news/news/amid-fraud-case-collector-justin-sun-reportedly-spent-75-m-on-trump-backed-crypto-firm-1234740625/)

Billionaire Justin Sun wins reprieve as SEC pauses fraud case – DL News (https://www.dlnews.com/articles/regulation/billionaire-justin-sun-gets-sec-pause-in-fraud-case/)

tomder55
May 12, 2025, 06:28 AM
Trump will accept a "gift " from Qatar to "the government " of a jet . The Boeing 747-8 will be fitted with all the security features needed for Air Force One. After Trump's term it will be donated to the Trump library . He will then have access to it's use post-Presidency.

He defended accepting the gift

Truth Details | Truth Social (https://truthsocial.com/@realDonaldTrump/posts/114492082555622686)

The plane costs $400 million before the retrofits needed for security .
Qatar is also on Trump's trip agenda God knows what he can get from the Saudis

tomder55
May 13, 2025, 05:03 AM
Chris Murphy 🟧 on X: "Today I’m introducing a bill - the MEME Act - to ban a President or Member of Congress from issuing a meme coin. The Trump Coin is the biggest corruption scandal in the history of the White House. @RepLiccardo and I are determined to put an end to this corruption - for good. https://t.co/nQL9ZfIYYV" / X (https://x.com/ChrisMurphyCT/status/1919719580080955807)

tomder55
May 14, 2025, 02:07 PM
Conservative NY Post columnist who is a Trump supporter echoes my concerns

Michael Goodwin: Trump accepting financial gifts from Qatar is one of the many ways he can ruin his legacy (https://nypost.com/2025/05/13/opinion/michael-goodwin-trump-accepting-financial-gifts-from-qatar-is-one-of-the-many-ways-he-can-ruin-his-legacy/)


So does the NY Post editorial board

No, Pres. Trump: Qatar's 'Palace in the Sky' Jet isn't a 'free gift' — and you shouldn't accept it as one (https://nypost.com/2025/05/12/opinion/no-pres-trump-qatars-palace-in-the-sky-jet-isnt-a-free-gift-and-you-shouldnt-accept-it-as-one/)