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newdeal2

(581 posts)
Mon Sep 16, 2024, 10:56 AM Monday

Trump's priority the day after the attempt: launch his new get-rich-quick crypto scheme

And don't forget, next week he'll be able to unload his shares in Truth Social.

Trump plans to announce the World Liberty Financial crypto exchange on Monday. Here's what to know.

Former President Donald Trump on Monday is expected to announce the debut of a new cryptocurrency platform called World Liberty Financial that will be controlled by sons Donald Trump Jr. and Eric Trump.

The Republican nominee for president plans to discuss the new venture from his Mar-a-Lago resort on Monday, September 16, at 8 p.m. Eastern Time. In recent weeks, the Trumps have been promoting the endeavor on social media, touting it as "the future of crypto."

Trump's 18-year-old son Barron, a first-year student at New York University, is identified as the project's "DeFi visionary," according to a white paper on the project obtained by cryptocurrency news site CoinDesk. DeFi, short for "decentralized finance," is a term that refers to financial services offered through public blockchains.


If Trump is *brave* enough to move on from yesterday's news, I think we all can.
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Trump's priority the day after the attempt: launch his new get-rich-quick crypto scheme (Original Post) newdeal2 Monday OP
But Trump said he wouldn't sell his shares. I know he's full of BS and he'll tank the stock by selling all at once. OLDMDDEM Monday #1
This new scheme sounds pretty similar newdeal2 Monday #2
Yes, I agree. OLDMDDEM Monday #3
benefit the company insiders keithbvadu2 Monday #4
There's something strange going on with DJT today. Hugin Monday #5
Here's what Yahoo Finance says about DJT. Hugin Monday #6

OLDMDDEM

(1,857 posts)
1. But Trump said he wouldn't sell his shares. I know he's full of BS and he'll tank the stock by selling all at once.
Mon Sep 16, 2024, 11:07 AM
Monday

As long as he gets his money, fuck everybody else who owns the stock.

newdeal2

(581 posts)
2. This new scheme sounds pretty similar
Mon Sep 16, 2024, 11:22 AM
Monday

Controlled by his kids and setup to benefit the company insiders.

keithbvadu2

(39,112 posts)
4. benefit the company insiders
Mon Sep 16, 2024, 11:30 AM
Monday

Think of Steve Bannon not letting you sell your coins of his cryptocurrency while he can sell his.

Experts Raise Warnings about Steve Bannon's New Cryptocurrency
Source: Mother Jones

Investing cryptocurrency with Steve Bannon

Crypto investing based on hate before profit.
Profit for the big boys.

An 'investment' that the big boys may not allow you to sell while they can sell at will..

https://www.motherjones.com/politics/2022/01/steve-bannon-boris-epshteyn-fjb-crypto/?fbclid=IwAR0LIVF8XP6mC3wbAaD1Fu9b_Msxe6DBm572KFyuyDjvGwClJ4z2R0zfIzI

Hugin

(34,299 posts)
5. There's something strange going on with DJT today.
Mon Sep 16, 2024, 11:33 AM
Monday

I’ll have to check some other financial sites, but on Google Finance it has the Year Low at the current share price of around $17.06 which is Friday’s close after being halted twice.


“YEAR RANGE
The range between the high and low prices over the past 52 weeks
$17.06 - $79.38”



I know for a fact that DJT has traded at substantially lower prices. In the $15’s. It sure seems curious.

Hugin

(34,299 posts)
6. Here's what Yahoo Finance says about DJT.
Mon Sep 16, 2024, 11:41 AM
Monday

“52 Week Range
14.32 - 79.38”



Quite the difference between the two.
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