The Trump spawn are in over their heads as usual
It looks like the two oldest Trump boys are following the footsteps of their father the online media mogul whose stock will soon be worthless. They’re going to lose a lot of people a lot of money with this scam too:
Plans by former president Donald Trump’s eldest sons, Donald Jr. and Eric, to launch a crypto startup have set off alarm bells among even his staunchest allies in the sector, according to a new report in Politico.
The two brothers have spent recent weeks touting World Liberty Financial, their soon-to-be-launched, shrouded-in-secrecy cryptocurrency firm.
But a string of mishaps, including Trump family members getting hacked by scammers and concerns about World Liberty’s deep connections to a blockchain firm that lost $2 million because of security shortfalls, has some arguing they should pack it up before they begin.
“This is a huge mistake,” Nic Carter, a partner at crypto venture capital firm Castle Island Ventures and a Trump backer, told Politico. “It looks like Trump’s inner circle is just cashing in on his recent embrace of crypto in a kind of naive way, and frankly it looks like they’re burning a lot of the good will that’s been built with the industry so far.”
I don’t know about you but I am shocked, SHOCKED, that the Trump boys are scamming and being scammed because they have no idea what they’re doing. Just this week the social media accounts of Lara and Tiffany Trump were apparently hacked by people purporting to be members of the “team” guiding suckers to a fake web site.
The Politico article has the whole story which is even dumber than it sounds. And the fact that they are doing this in the run up to their dad’s presidential election is frankly pretty stunning. Just as Trump’s incoherence and intellectual defects are treated as normal so too is the corruption and conflict of interest everywhere in the Trump family.
But Hunter Biden will probably have to do time.