Reports have surfaced indicating that Donald Trump has declared over $1.4 billion in income stemming from his cryptocurrency ventures, a figure that has understandably sparked considerable discussion and scrutiny. This substantial sum is reportedly broken down into various streams, with over $520 million attributed to sales of cryptocurrency tokens and an additional $250 million from the divestment of interests in the World Liberty business. Adding to this impressive total, another $635 million is said to have been generated from the sale of his Trump meme coins. It’s a significant amount of reported income, particularly when viewed in the context of presidential service, a role traditionally understood to be about public service rather than personal enrichment.… Continue reading
Following the assassination of right-wing influencer Charlie Kirk, a pro-MAGA website, “Expose Charlie’s Murderers,” launched, promising a database to expose Kirk’s critics. The site amassed over $30,000 in cryptocurrency across six wallets before disappearing and resurfacing briefly as “Charlie Kirk Data Foundation.” While boasting thousands of submissions, only a few dozen entries were published, and targets subsequently reported receiving threats and workplace complaints. Ultimately, the project was shut down, leaving donors furious and officials cautioning against vigilante actions while the investigation into Kirk’s death is ongoing.
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A new report reveals that over a quarter of Canadians have encountered sophisticated, politically polarizing fake content on social media during the federal election. This includes a surge in Facebook ads mimicking legitimate news sources to promote fraudulent investment schemes, often involving cryptocurrency, despite Meta’s news ban. Researchers highlight the concerning trend of deepfake videos, such as those falsely featuring Prime Minister Carney, used to promote these scams. While the content itself may not significantly sway voters, the erosion of trust in legitimate news sources and the inadequate response from tech platforms pose a substantial risk. The report emphasizes the need for increased protections against online disinformation.
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Hailey Welch’s newly launched $HAWK meme coin, based on her “Hawk Tuah” meme, experienced a dramatic rise and fall in value, plummeting from a $500 million market cap to $60 million within minutes. This sharp decline has been attributed to a “rug pull,” where insiders allegedly sold off large holdings, devaluing the coin for other investors. The incident sparked considerable online backlash, with some blaming Welch and others criticizing investors for their choices. Welch denies involvement in the coin’s management, stating its purpose was to connect with fans and combat unauthorized coins using her likeness.
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It absolutely boggles my mind how someone can climb the corporate ladder, become the CEO of a bank, and then fall victim to a simple scam like the Nigerian Prince scheme. It just goes to show that intelligence, or lack thereof, does not discriminate based on position or title. The fact that this ex-CEO fell for a cryptocurrency scam, stole money from his own bank, a church, and even his daughter’s college fund is beyond comprehension.
The sheer audacity and delusion of thinking that pouring more money into an investment to “unlock returns” is a legitimate strategy is mind-boggling. What’s even more alarming is the fact that this man was seen as a pillar of the community, preaching at his local church, and testifying before Congress.… Continue reading
Matt Underwood 
John Q. Hosedrinker