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Biggest bunch of suckers ever and Trump knows it.

Just like every Ponzi scheme. Oh yeah, we have to call them Multi-Level Marketing schemes, per lawyers for Ponzi schemes. (Amway) The toxically capitalist GQP is abusive and knows it, so they soften the language instead of changing their behavior. They’ve never wanted accountability.

If someone bought this as a legitimate investment then they are getting burned investing in something Trump related and that should be no surprise. If they buying it to curry favor with Trump then they knew the deal going in.

@steverattner.bsky.social - see this?

Thank you for exposing the truth.

Gotta love ‘our’ president - not.

Sounds right by Republicans!

Corrupt.

I wish I could feel sorry for them, but when you play with fire...

With Trump, all I can say is invest at your own risk. He has a disastrous business reputation.

yeah but everyone knew that going in. Or they should've. That motherfucker hasn't done an honest business deal in his entire life.

Trump richer. Chumps poorer. The way of the shitcoin.

2 million losers lost money, it’s just a shame where it went

Um wait a cotton-picking second there pardner — this shit should be zero-sum. Where’d the other $2B go?

Many of those were also money laundered bribes, so not a loss but the purchase price for something completely different from a meme coin.

TCF (Trump Crime Family) #TCF

“…a sucker’s born every minute” I’m pissed Trump and his failsons get the corrupt money— but have ZERO sympathy for the idiots, racists, and losers who put their money in and got hosed. 🎻

Suckers is a good word for it. His real talent is selling snake oil.

The whales were his family.

Ahahahahahahaha - serves these „everyday„ American morons right….

Some people call this TRICKLE DOWN ECONOMICS. But we need to remember that there's an inherent part of this crypto scam, which is GUSH UP ECONOMICS. It's a way to transfer often moderate amounts of money from millions of people to obscenely enrich the already super rich.

How could Biden do this to them?

Yeah. And when Crypto collapses, Trump will have established the Nation’s full faith and confidence in this scam currency. Then what? Bail out?

To be fair, any "everyday Americans" dumb enough to invest in any memecoin - much less a TRUMP memecoin - deserved to lose all their money.

No “every day Americans” bought that 💩. Trumpian bozos bought it all and the ones who gave him a slice made a boatload.

“Suckers and losers…” DJT But seriously who the heck would put any money into anything from that crime family? Who the heck is a witness to this family over the last forty years thinks “I know I’m going to invest in the crypto or meme coins or a condo…made by the DJT family? Suckers and losers

I imagine that there is some correlation between Trump voters and Trump meme coin investors. Two million votes is quite a lot.

We all called it before it was released, lol. I don't feel bad for the suckers that decided to invest in an obvious scam.

Hopefully Americans learn the lesson that this is what happens when a con artist is elected president. Please tell me this will never happen again.

Everyone who invests in meme coins does so thinking they'll benefit from the "greater fool theory." So no sympathy over here.

We don't know if the "retail" investors are really retail investors, they might well be individuals and companies looking for favors.

Say it ain’t so! Ya just hate to see it. That it wasn’t obvious it was a scam from the get go is a failure of something somewhere

To be fair, the ponzi scheme here actually seems to be less steps. 1. User uploads real money for fake asset 2. Asset value collapses 3. Transaction complete

Except it seems like they're pretty much saying, "give us your money, you'll lose it, you idiots! HA HA HA HA!!!!"

Money laundering or fraud, either way I don’t feel sorry for anyone who put their own money into that thinking it was going to go any other way

Caveat emptor!

first reaction - anyone who invested in this is a moron not an ’everyday American’. (looks at 2024 Presidential results) “I stand corrected”

Seems like meme coin is working exactly how the Trumps intended.

By design.

I would bet, in fact, I’m sure that my friends who despise Trump the most, are not aware of the things that Rattner brought up this morning. I’m sure that his ardent supporters aren’t either. They probably wouldn’t even care. Why isn’t this Front page news every day? We are not served well..