Someone just spent $8 million on $TRUMP memecoins after the president announced that the top holders would be invited to join him at a private dinner at his DC golf club.
The purchases were funded by a Binance account, suggesting the wallet owner is not based in the US.
"A lot of people have convinced themselves they don’t understand bitcoin when in reality they understand bitcoin just fine, they just can’t believe it could be as stupid as the thing they are envisioning. But it is exactly that stupid."
#crypto #bitcoin
https://x.com/ChrisBloomstran/status/1881062539062358319
"The right way to think about trading memecoins is like a giant game of financial chicken."
#crypto #memeCoin
https://cryptadamus.substack.com/p/the-trumpcoin-cometh
Fake podcasts, real losses: Scammers in the #ElusiveComet campaign exploit Zoom's remote-control feature to steal crypto from execs; over $100K stolen so far.
Read: https://hackread.com/elusive-comet-hackers-zoom-remote-control-steal-crypto/
GCC Cryptocurrency Market Report 2025 Edition: Industry Size, https://www.byteseu.com/950726/ #advertising #Crypto #CryptoCurrency #marketing #MediaRelease #NewsRelease #pr #PrMarketing #PrService #PrStrategy #PressesRelease #pressreleases #PublicRelations #publicity
@molly0xfff “#Bitcoin (and other #crypto currencies) is like rat poison squared.” - Warren Buffett
"He's already pocketed 100s of $Ms from shitcoins, trading fees, & payoffs from Justin Sun et al. If the rule of law existed, his #crypto ventures would be the biggest FIN scandal in presidential history."
-J Silverman
"Pres Trump offers a private dinner to top 220 investors of his #memecoin
Everythingis pay-to-play with a Trump Admin -NOT about improved health, safety, education, & affordability outcomes for the greater community."
-S Bordson
#Corruption #Trump #USPol
https://t.co/pADS2giB4H
FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported Internet crime losses that year.
#Crypto #mining campaign targets #Docker environments with new evasion technique
https://securityaffairs.com/176877/malware/crypto-mining-campaign-targets-docker-environments-with-new-evasion-technique.html
#securityaffairs #hacking
Prosecutors have just submitted over 200 victim impact statements in advance of Alex Mashinsky's sentencing in the Celsius fraud case. I've purchased them on PACER to make them freely available on CourtListener: https://www.courtlistener.com/docket/67604619/united-states-v-mashinsky/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc#entry-140
![Hello,
Tanya.Trakht@ag.ny.gov
[EXTERNAL] Victim Impact Statement - Brandon Lawrence
I was encouraged to share my experience and aspirations, a tale that morphed into a harrowing ordeal. It's a burden I bear to this day, and I'm convinced Alex Mashinsky remains indifferent to the impact of his actions. From the outset, it seemed his maneuvers were concealed behind multiple LLCs and obscured within the minutiae of terms and conditions. It's clear to me that Alex Mashinsky was aware of his actions. He took risks like a gambler, using our funds as his stake, and ultimately, he lost.
I had secured a margin loan exceeding $60,000 for a single Bitcoin, which I was obligated to repay. Subsequently, Celsius initiated a bankruptcy filing when Bitcoin's value plummeted, diminishing my claim to merely a quarter of its worth. It was a devastating blow, especially after dedicating nearly all of my earnings for two years to overcome this oppressive loan that was meant to secure my family's financial legacy. Instead, it has become an albatross, a heavy burden on my spirit.
In my younger days, I acquired fragments of another Bitcoin valued at about $10,000. That too was taken. Now, what remains with me? Barely half a Bitcoin from the original two. I'm left to contend with the disdain of my peers who view me as a wastrel, a failure, and my reputation has been sullied. The very essence of cryptocurrency, along with my ambitions and dreams, has been tarnished. I'm saddled with a mountain of debt](https://media.hachyderm.io/media_attachments/files/114/388/444/694/684/391/original/4b61864b35bee027.png "Hello,
Tanya.Trakht@ag.ny.gov
[EXTERNAL] Victim Impact Statement - Brandon Lawrence
I was encouraged to share my experience and aspirations, a tale that morphed into a harrowing ordeal. It's a burden I bear to this day, and I'm convinced Alex Mashinsky remains indifferent to the impact of his actions. From the outset, it seemed his maneuvers were concealed behind multiple LLCs and obscured within the minutiae of terms and conditions. It's clear to me that Alex Mashinsky was aware of his actions. He took risks like a gambler, using our funds as his stake, and ultimately, he lost.
I had secured a margin loan exceeding $60,000 for a single Bitcoin, which I was obligated to repay. Subsequently, Celsius initiated a bankruptcy filing when Bitcoin's value plummeted, diminishing my claim to merely a quarter of its worth. It was a devastating blow, especially after dedicating nearly all of my earnings for two years to overcome this oppressive loan that was meant to secure my family's financial legacy. Instead, it has become an albatross, a heavy burden on my spirit.
In my younger days, I acquired fragments of another Bitcoin valued at about $10,000. That too was taken. Now, what remains with me? Barely half a Bitcoin from the original two. I'm left to contend with the disdain of my peers who view me as a wastrel, a failure, and my reputation has been sullied. The very essence of cryptocurrency, along with my ambitions and dreams, has been tarnished. I'm saddled with a mountain of debt")
The House Financial Services Republicans and the White House (now deleted) tagged either a hacked or fake account in their announcements that Paul Atkins was sworn in as SEC Chair. The "Atkins" account immediately started asking for crypto.
Bitcoin has become the world's fifth-largest asset by market cap, reaching $1.86 trillion and overtaking Google. Read more at @coindesk. #Bitcoin #Cryptocurrency #Crypto #Tech #Technology https://flip.it/wu9R_W
A handy list of large crypto donors to Trump’s inauguration fund, which is basically an unregulated pot of money the president can do whatever he wants with. A few translations are in order:
* Circle = world’s 2nd largest stablecoin after Tether (USDC), closely linked to #Coinbase
* Foris Dax = Crypto[.]Com
* Fred Ehrsam = #Paradigm (and co-founder of Coinbase)
* #Payward = #Kraken
* #KyleSamani = #MulticoinCapital
* #HaydenAdams = #Uniswap (more on Uniswap: https://cryptadamus.substack.com/p/of-tech-bros-and-trumpers)
* Charles Cascarilla = #Paxos, the stablecoin issuer behind the #Binance stablecoin #BUSD that was summarily executed by regulators for #moneylaundering
* Yuga Labs = #BoredApeYachtClub (the infamous monkey JPGs)
The May/June 2025 issue of Texas Observer magazine will be out starting May 1, featuring stories from Candice Bernd, Michelle Pitcher, Brant Deboer and more.
Become a member to support our work, and get the best of our reporting in our magazine.
Trump Media & Technology Group enters deal with Crypto. com (which has 140 million customers) and Yorkville America Digital to market investment products to retail investors through exchange-traded funds.
On March 27 the SEC ended an investigation into Crypto. com
#Trump #TrumpMedia #TMTG #TrumpMedia&TechnologyGroup #Crypto #ETFs #YorkvilleAmericaDigital #YorkvilleAdvisors
https://www.nytimes.com/2025/04/22/business/trump-media-crypto.html
