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Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders... by UncleEntity on Sunday February 16, 2025 @07:23PM (#43073361)
I don't even have a problem with some unwitting celebrity promoting this kind of stuff. They aren't subject matter experts and I imagine they have grifters targeting them all the time.

What I do take issue with is this keeps happening because there's a lot of money to be made off transaction fees so nobody looks too hard into how fraudulent any of these memecoins are before allowing them on the trading platforms.

Admittedly, I don't know how the trading system works so maybe the platforms taking a cut of the profits from the blatantly fraudulent activity are victims too? Crying all the way to the bank I suppose...

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