The rare time when Coindesk does some interesting reporting. Following the news that the Trump crypto project (World Liberty Financial) is built on code from another project that was hacked, now they've gotten ahold of the project's white paper, and it turns out that the project gives a ludicrously high -- even by crypto scam standards -- amount of the controlling tokens to insiders.
My favorite line, because I'm sure the reporter couldn't even try to keep a straight face when writing it, is:
World Liberty Financial's allocation raises the question of whether the project is an attempt to cash in on the Trump family's fame rather than build a novel DeFi platform.
Needless to say, the answer's pretty clear.
This pre-mine concept reminds me of ETH.This pre-mine concept reminds me of ETH.
62% pre-mined for the benefit of the upper echelon.62% pre-mined for the benefit of the upper echelon.
Another one of those scheme?Another one of those scheme?
view on youtu.bePolitics is a never ending rugpull
He's a scam artist. Always has been.
That quote's hilarious. I applaud the attempt at impartiality. Sometimes, a situation is so obvious that it's hard not to just point out the obvious.
Also, that headline deserves to be in some sort of contest for perfectly encapsulating America today.
LOL.. retards
Lol Nic Carter's Tweet 🤣
Idiot.
Oh no 🤡
That's why I don't believe in any politician, all they care about is gaining followers for their campaigns. This shows that everything Trump said in Nashville is a farce. Why create another token when you have the heavyweight #Bitcoin
Brilliant bait by whitehats, if the regime comes after his orgs for these crypto pump and dumps they'll set precedent for all the deep state money laundering pump and dumps over the last 10 years
How do you trap a dangerous animal?
I am not surprised.