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this post was submitted on 19 Jun 2024
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politics
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This is the best summary I could come up with:
One prominent crypto news account on X, Pirate Wires, even says Trump’s son Barron is taking the lead on the project.
Mike Solana from Pirate Wires later clarified that he hadn’t spoken with the Trump campaign directly about $DJT while warning whoever’s behind the memecoin could “rug pull, or pivot.” It’s not entirely clear what “per conversations” meant in this case.
“I offered to help the people that reached out with legal and biz intros but told them I wouldn’t take anything in return because I got the vibes that the guy who approached me is a Fed.
The report from the Times also highlights the enormous amount of money that’s been donated by Ripple, Coinbase, and Andreessen Horowitz to crypto super PACs in their effort to fight against what they see as anti-crypto House and Senate candidates.
One of those PACs, Fairshake, already ran TV and YouTube ads against Democratic congresswoman Katie Porter in the California Senate primary.
For instance, one scam looks exactly like Trump’s real fundraising website but has the domain donalbjtrump.com, misspelling the former president’s first name as “Donalb.” Any crypto “donations” to that site actually go straight to scammers, as you could guess.
The original article contains 757 words, the summary contains 198 words. Saved 74%. I'm a bot and I'm open source!