Re:Javier Milei Backtracks on $4.4B Memecoin After 'Insiders...
by lavezzi on Monday February 17, 2025 @03:00AM
(#43076375)
> 2. Trump tweeted about $TRUMP BEFORE stepping into office, Milei is already the president of Argentina. This constitutes an obvious ethical violation, and possibly a legal one as well.
> The companies behind the Trump token, CIC Digital LLC, an affiliate of the Trump Organization, and Fight Fight Fight LLC, co-owned by CIC Digital, collectively own 80% of the tokens, meaning that Trump-linked businesses could have gained $8 billion worth of crypto over the weekend.
As in three days before Trump's inauguration? And then $MELANIA the day before? Yes, absolutely no obvious ethical violation there (https://www.reuters.com/world/us/trumps-new-crypto-coin-spar...).
> The companies behind the Trump token, CIC Digital LLC, an affiliate of the Trump Organization, and Fight Fight Fight LLC, co-owned by CIC Digital, collectively own 80% of the tokens, meaning that Trump-linked businesses could have gained $8 billion worth of crypto over the weekend.