The wheels are already beginning to light Donald Trump’s plan to make the United States the “cryptographic capital of the planet” after his return to the White House. In a Executive order Signed on Thursday, Trump established a “working group in digital asset markets”, which will be responsible for weighing the possibility that the US […]
In this sense, says Jacob Silverman, co-author of Easy Money: Cryptocurrencies, Casino Capitalism, and the Golden Age of FraudThe TRUMP coin setup appears to have some of the characteristics of a “classic memecoin pump and dump,” a maneuver whereby an issuer holds large amounts of its coin, promotes the project, and then cashes out its
The Trump family’s new crypto venture, World Liberty Financial, is off to an inauspicious start after website outages limited investors’ ability to participate in an inaugural token sale event. The crypto token, WLFI, went on sale around 9 a.m. ET on Tuesday. As of this writing, the website remains plagued by reliability issues, leading some
