Tuesday, January 21, 2025

The Inauguration of a Multi-billion Dollar Grift

On Monday, Donald Trump took the oath of office -- the first person to be sworn in as president while simultaneously hawking an eponymous meme coin.

More

1. Donald Trump took the oath of office yesterday -- the first person to be sworn in as president while hawking an eponymous meme coin It is brazen corruption $TRUMP is effectively a "For Sale" sign on the White House, facilitating anonymous bribes in any amount Follow this for details

[image or embed]

-- Judd Legum (@juddlegum.bsky.social) January 21, 2025 at 9:11 AM

Comments

A vehicle for corrupt foreign influence

It means that the White House is for sale. Anyone seeking to curry favor with Trump - including foreign governments - now has a vehicle to transfer a virtually unlimited amount of money to Trump by driving up the price of $TRUMP coins.

As with all crypto transactions, anyone can purchase $TRUMP anonymously. The only record involves a digital wallet with no public owner. This means a foreign entity could make a large purchase of $TRUMP coins - perhaps boosting $TRUMP's value before Trump sold some of his holdings - and no one would know. It creates an unprecedented and completely opaque method to bribe the President of the United States.

"While it's tempting to dismiss this as just another Trump spectacle, the launch of the official Trump token opens up a Pandora's box of ethical and regulatory questions," Justin d'Anethan, an independent crypto analyst, told Reuters.

The man openly creates a tool for corruption and nary a peep.

All those citizens who decided how to vote based on buttery males and coconut trees are likely focused on what's really important. Like how big Kim Kardashian's butt is today or what sob story Hamas has come up with in the last hour.

#1 | Posted by censored at 2025-01-21 06:46 PM

Drudge Retort Headlines

Biden Pardons Fauci, Gen. Milley, Jan. 6 Committee Members (278 comments)

Trump Sworn In (198 comments)

Trump Commutes Sentences of Proud Boys, Oath Keepers Heads (39 comments)

AP Poll: Trump Lacks Mandate on Top Priorities (23 comments)

Right-Wing Extremists Abuzz Over Musk's Straight-Arm Gesture (21 comments)

Florida Declares State of Emergency Ahead of Winter Storm (17 comments)

Melania Trump Launches Her Own Cryptocurrency (16 comments)

The Morbidly Rich: A New Name for an Old Problem (14 comments)

Trump Launches Attack on 14th Amendment (13 comments)

Joe Biden Grants Clemency to Leonard Peltier (13 comments)