this post was submitted on 18 Oct 2024
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[–] [email protected] 203 points 3 weeks ago (1 children)

Isn’t that the point? Allow anybody (including foreign crypto holders) to funnel money into the Trump family bank account with zero accountability?

[–] [email protected] 64 points 3 weeks ago (1 children)

I saw a documentary about the trump, or the wall. And they were selling part of the wall where people could write their name. It was really clear that this family is just scamming people left and right!!

[–] [email protected] 59 points 3 weeks ago (1 children)

It was really clear that this family is just scamming people left and right!!

Mainly right tho

[–] [email protected] 15 points 3 weeks ago
[–] [email protected] 114 points 3 weeks ago (1 children)

Breaking news, obvious scam is a scam.

[–] [email protected] 73 points 3 weeks ago (1 children)

*Obvious money laundering is money laundering (and also a scam).

[–] sugar_in_your_tea 23 points 3 weeks ago

Not sure I'd call it money laundering, it's all being done in the clear.

But it's certainly a scam:

The paper released Thursday shows that Trump and his family assume no liability. It indicates that none of them are directors, employees, managers or operators of WLF or its affiliates, and said the project and the tokens “are not political and have no affiliation with any political campaign.”

There's a strong implication that launching this during his campaign means it's tied to the campaign, but it's really not.

[–] [email protected] 87 points 3 weeks ago (11 children)

"New crypto coin" is a weird way to say bribe money laundering

[–] [email protected] 10 points 3 weeks ago* (last edited 3 weeks ago)

Bribe. Scam. It's all snowballing into the same thing.

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[–] [email protected] 52 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

Huh. From what I’ve searched, WLFI comes with its own warning on coingecko, a site that supposedly tracks various cryptocurrencies.

According to GoPlus, this is a proxy contract. The contract owner can make code changes to the token contract including but not limited to disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.

No active trades are found for this coin.

Emphasis mine.

[–] [email protected] 12 points 3 weeks ago (1 children)

If it wasn't such a pithy amount that they sold I would accuse them if it, but this would be a great avenue to accept donations from foreign or nefarious actors.

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[–] sugar_in_your_tea 4 points 3 weeks ago (4 children)

Hmm, this all checks out. Now I just need to figure out how to trade my house for WLFI.

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[–] Yerbouti 43 points 3 weeks ago (1 children)

Immigrants are eating dogs. Buy my trading cards, I'm a Cowboy GI Joe, it's going to be worth a looooot of money!!!!! Also Kambalula NEVER WORKED AT McDoNALdS but look at these pics of Taylor Swift she loves me but fuck that overrated bitch. They gave me an award once for being the most honest person on earth but covid is a democrat scam, now buy my steaks and bitcoin, I'm the least racist person in the world even the lazy mexicans and black bitches say it but women think I'm the most sexy business man they all want me to grab them by the pussy but I wouldn't rape the ugly ones. Send donations liberals are giving abortion to trans communist. 50% of the country will vote for me anyway, lol.

[–] [email protected] 7 points 3 weeks ago

I started reading it as Trump, but it quickly devolved into redneck hillbilly, and honestly both work

[–] [email protected] 43 points 3 weeks ago (1 children)

I'd say it's remarkable that Trump is even still able to run for president, but all this country seems to care about is social issues, and that clearly makes it easier to control people.

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[–] [email protected] 37 points 3 weeks ago (2 children)

Imagine buying a politician’s cryptocurrency

[–] Imgonnatrythis 19 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

Imagine buying a policitian ~~'s cryptocurrency~~

[–] [email protected] 11 points 3 weeks ago (3 children)

Imagine buying ~~a politician's~~ cryptocurrency

[–] [email protected] 5 points 3 weeks ago (1 children)

Have fun buying your drugs IRL like it's 1970 or something.

[–] [email protected] 8 points 3 weeks ago* (last edited 3 weeks ago)

pfft I wish my dealer took cash they like being paid in venmo!

Don't worry though i put the pizza emoji in there for the reason they'll never be able to pin it on me!

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[–] [email protected] 31 points 3 weeks ago (2 children)

WLFI has a current value of $0.0000000000034 USD.

That's about 3 billion WLFI for 1 penny. What a deal!

[–] [email protected] 17 points 3 weeks ago

According to this article, they "sold 846.63 million tokens valued at $12.7 million" on the first day, leaving "19.1 billion coins worth $287 million unsold".
At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.

[–] sugar_in_your_tea 16 points 3 weeks ago (1 children)

Sounds like a penny stock, I should dump my life savings into it, right?

[–] [email protected] 6 points 3 weeks ago

Hey, I made a bunch off a penny stock once time. Ignore that I've invested in penny stocks more than once.

[–] [email protected] 29 points 3 weeks ago

The only crypto where the rug pull is done on top

[–] [email protected] 25 points 3 weeks ago (2 children)

The stupidest thing about Trump is that he could have extorted billions of dollars out of the Saudis on Inauguration Day. Even Team Rocket could have figured that out.

[–] [email protected] 27 points 3 weeks ago

I'm not 100% sure Jared didnt

[–] [email protected] 5 points 3 weeks ago (1 children)

I'm unfamiliar with this, what's the story there?

[–] sugar_in_your_tea 31 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

Team Rocket are the primary antagonists in the Pokemon series, and the lead characters from Team Rocket are usually inept with their plans getting foiled by the protagonists, who are 10 or 11yo, and usually by accident.

[–] [email protected] 13 points 3 weeks ago

I'm mad but I laughed.

[–] [email protected] 11 points 3 weeks ago (2 children)

Ah, the ol' Lemmy Pokeroo.

[–] [email protected] 5 points 3 weeks ago (1 children)

Hey! If you're gonna do it, do it right!

  1. Hyperlink your comment to the previous one in the chain
  2. Make a post in [email protected] referencing it

See https://lemmy.world/post/8803878 for more detailed instructions.

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[–] [email protected] 5 points 3 weeks ago

Hold my pokéball I'm going in!

[–] explodicle 24 points 3 weeks ago

When Trump says he's "pro crypto", this is what he means.

Meanwhile the SEC under Biden/Harris has helped crypto by targeting actual scams like this one.

So in case you have a friend who's a crypto bro, remind him who has actually helped and who called Bitcoin a scam.

[–] [email protected] 21 points 3 weeks ago (1 children)

World Liberty Financial, or WLF

are these the guys that sell wolf cola

[–] [email protected] 8 points 3 weeks ago

Sounds like the guys that sell limited edition newly minted coins on Fox News commercials.

[–] [email protected] 11 points 3 weeks ago (1 children)

I wonder if any particular blyat is gonna buy these up.

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[–] [email protected] 7 points 3 weeks ago

Washing that money clean

[–] [email protected] 6 points 3 weeks ago* (last edited 3 weeks ago) (13 children)

I hate to be a buzzkill, but the odds are he will win in 17 days. We need to make preparations for the long and difficult road that faces us. I don't know what that means, maybe you do.

[–] [email protected] 6 points 3 weeks ago

Looking at a map with the current polls (and focusing on the toss-ups), it seems that the most viable path to victory for Harris is to pick up PA, MI, and WI. If she drops PA, she'd need MI, NV, WI or AZ, and GA or NC, but that seems like a big ask. If she wins PA, she could lose WI if she picks up AZ, GA, or NC and she could lose MI if she wins GA, NC, or AZ and NV. But winning PA and losing both WI and MI would require winning AZ and either GA or NC.

So there are a few paths to a Harris win, and a few don't seem very farfetched, but none of them seem likely enough for comfort. Definitely not how I was hoping to be feeling at this point in the election.

[–] [email protected] 5 points 3 weeks ago

Everybody does. It happened before in Europe.

[–] [email protected] 5 points 3 weeks ago (5 children)

I keep seeing posts that polls show it's 50-50 but polymarket has Trump's odds at 60, Harris' at 40 with over $2B in wagers. Terrifying.

[–] [email protected] 11 points 3 weeks ago

It's 4 accounts' bets that put Trump's odds at 60, likely being done to influence people's perceptions about Trump's chances. It only took ~$30M to tip the scales to 60, which is a very cheap way to advertise for Trump considering the billionaires who support him. https://www.wsj.com/finance/betting-election-pro-trump-ad74aa71

[–] [email protected] 5 points 3 weeks ago

I've seen some analysis correlating the shift in those odds not to any political news or polls, but to things like Elon Musk telling folks to go bet on Trump...

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[–] [email protected] 5 points 3 weeks ago (1 children)

Dudes just trying to stack up all the lawsuits. SEC won't be so nice I don't think.

[–] [email protected] 16 points 3 weeks ago

SEC can't SEC if SEC doesn't exist.

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