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  #981  
Old 01-19-2025, 09:24 PM
NopeNopeNopeNope NopeNopeNopeNope is offline
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The secret doctors and banks don’t WANT you to know:

Don’t buy shitcoins. Ever

That being said, Trump coming out with a meme coin if it’s true is pretty bonkers. As Coffeezilla said about it “it [him being the pres] being a conflict of interest is an insult to other conflicts of interests” or something like that

But I hadn’t followed it much. Was focused on IRL race stuff
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  #982  
Old 01-19-2025, 09:50 PM
Botten Botten is offline
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Quote:
Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]
Is this a crime?

ChatGPT said:
Quote:
Yes, the scenario you've described sounds like it could be considered a crime, specifically a form of securities fraud or a "pump and dump" scheme.

This involves artificially inflating the price of an owned stock or, in this case, a cryptocurrency, by misleading or providing false statements to investors, then selling the overvalued shares to make a profit. This is illegal under securities law.

If this situation were real, it would likely be investigated and prosecuted.
Quote:

Trump promotes new meme coin

Critics said the Trump meme coin could be a dangerous way for special interests and foreign governments to try and buy influence with the president.

"Now anyone in world can essentially deposit money into bank account of President of USA with a couple clicks,” Anthony Scaramucci, a former Trump White House communications director, said on X.

The sale of Trump meme coin was organized by CIC Digital, an affiliate of the Trump Organization. The coin’s website said 200 million Trump meme coins are currently available, with plans to issue 1 billion over the next three years. CIC Digital and another company collectively own 80% of the Trump meme coins and will receive “trading revenue derived from trading activities,” according to the token’s website.

The Trump family business recently released an ethics agreement that prohibits Trump from “day-to-day” decision making at the Trump Organization when he’s president and limits financial information about the business shared with him.


-> LoL Trump signed an ethical agreement.

-> Someone has a problem with Haliey Welch scheme but not Trump's Family multiple scandalous schemes
Last edited by Botten; 01-19-2025 at 09:57 PM..
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  #983  
Old 01-19-2025, 10:01 PM
Reiwa Reiwa is offline
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Not illegal unless he dumps? Trump dump.
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  #984  
Old 01-19-2025, 10:24 PM
Ekco Ekco is offline
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the LLM is wrong, it's not securities fraud, when it isn't a security, it definitely sounds like it should be Illegal but it isn't

Quote:
securities fraud occurs when one person lies, cheats, steals, or deceits someone for financial gain involving a security
Quote:
The U.S. Securities and Exchange Commission (SEC) has spoken: Bitcoin is not a security.
what would have been illegal is if he dumped that media company stock cause it's an actual security the SEC oversees before 90 days of public trading occurred or w/e, which he didn't but he couldn't anyway it's built into the system, its called a lockup period

Quote:
What is the stock lock-up period?
A lock-up period is a designated time (usually following an IPO) during which company insiders are prohibited from selling their shares. The period aims at stabilizing stock prices and preventing market volatility
only jurisdiction they current have is
Quote:
Cryptocurrencies: The SEC regulates cryptocurrencies, including spot and futures-based ETFs for bitcoin and ether
ETFs, which is a type of stock you buy on the NYSE, you can't buy Bitcoin or buttcoin or anything like that on NYSE (yet)
Last edited by Ekco; 01-19-2025 at 10:30 PM..
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  #985  
Old 01-19-2025, 10:41 PM
Ekco Ekco is offline
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in other news, bitcoin dropped 6,000 dollars in price 30mins ago on a fake Axios story about OpenAI claiming to have fucked around and made a breakthrough in quantum computing / encryption breaking

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lol.
Last edited by Ekco; 01-19-2025 at 10:45 PM..
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  #986  
Old 01-19-2025, 11:58 PM
Reiwa Reiwa is offline
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Quote:
Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]
in other news, bitcoin dropped 6,000 dollars in price 30mins ago on a fake Axios story about OpenAI claiming to have fucked around and made a breakthrough in quantum computing / encryption breaking

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lol.
God I wish that would actually happen. It will eventually.

I just wanna live to see it.

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  #987  
Old 01-20-2025, 01:01 AM
shovelquest shovelquest is offline
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I think the funniest thing is with hawk tuah, and Donald Trump.. We basically are saying we WANT celebs to pump and dump lol!

It's like our way of giving back to them.
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  #988  
Old 01-20-2025, 02:25 AM
NopeNopeNopeNope NopeNopeNopeNope is offline
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Now there’s a Melania Coin. Coffeezilla is none too enthused and he’s been pretty reliable in the past at sniffing out a scam or a grift

https://m.youtube.com/watch?v=
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  #989  
Old 01-20-2025, 02:33 AM
shovelquest shovelquest is offline
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If you buy Melania coin you get to exchange it for free citizenship after the usa reforms into the united american empire tho.
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  #990  
Old 01-20-2025, 04:55 AM
Ekco Ekco is offline
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[You must be logged in to view images. Log in or Register.]
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Quote:
Ryan Fournier is an American conservative activist and political commentator. He is the co-founder and acting national chairman of the American youth group Students for Trump.
lol.


https://www.dextools.io
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4 out of the top 5 ain't bad.

dude is gonna be a multi trillionaire by the time 4 years is up
Last edited by Ekco; 01-20-2025 at 05:01 AM..
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