> How Trump’s “World Liberty Financial” just scammed early investors out of $550 million dollars

https://www.msn.com/en-us/money/compani … r-AA22atHh


The pitch was straightforward: Invest in the cryptocurrency venture of Donald Trump and his family, back the industry’s most powerful ally at the peak of their influence, and share the spoils.

Investors said yes, putting in more than $550 million across two fundraising rounds.

What happened next was never disclosed to investors or the public. After those rounds closed, the project sold an additional 5.9 billion tokens to accredited private investors, transactions worth hundreds of millions of dollars, with the proceeds directed to the founders.

The investors shares were and remain frozen as the value of the $TRUMP coin has collapsed.  The secret founders shares were  never restricted and they were able to dump their shares before the 97% price drop while continuing to secretly issue themselves more shares.



Sounds like we’re going to need a special prosecutor after midterms.