Hacker News

Nearly a Million Investors Lost a Total of $3.8B on Trump Crypto Coin

26 points by MilnerRoute ago | 7 comments

SquibblesRedux |next [-]

Crypto: The only way to win is not to play.

dinfinity |root |parent [-]

Nonsense. The assholes creating shitcoins with the explicit intent to pump it and dump it get rich off it every time dumb saps buy into it. Sad but true.

nly |next |previous [-]

Direct transfers to your dear leader.

xenospn |next |previous [-]

If you knowingly go into business with a known grifter, what exactly do you expect? Everyone knows who he is. Everyone knows what crypto is.

bediger4000 |next |previous [-]

That's only about $4,000 per investor on average. Acceptable to ameliorate Trump and Trump's family.

paulpauper |next |previous [-]

yeah, but also the entire crypto market crashed, too. Collectively investors lost hundreds of billions, of which Trump coin related losses were just a small fraction of this.

slipperybeluga |next |previous [-]

[dead]

rvz |previous [-]

Time to buy.