Politics

‘Historic Grift’: Trump’s Memecoin Creates $14B Out of Nothing

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Cryptocurrency commentator Stephen Findeisen called the venture “cynical.” Trump supporter Dave Portnoy compared it to a “Ponzi scheme.”

President-elect Donald Trump puts his fist up during his speech at the 2024 Bitcoin Conference in Nashville, TN.
Johnnie Izquierdo/The Washington Post/Getty Images

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