Nearly a million people have been scammed by way of a rug pull from Trump’s crypto currency.

https://fortune.com/2025/02/11/trump...-million-fees/

800,000+ people have lost more than $2Bn after the value has fallen from ~$75 to ~$15 in just a few weeks. An average of $2,500 each.

Crypto scams with meme coins are ridiculously commonplace these days, there’s no shortage of influencers and celebrities trying to cash in. Rug pulls, pump and dumps (technical terms, not sexual ones I promise) see millions of people losing money… but see a very small few gain lots and lots of it.

For example, the Trump coin has generated about $100 million in trading fees owed to the entities behind the coin, including the Trump Organization.

As a sympathetic man who cares about his base, Trump must be aghast at the thought that hundreds and thousands of his voters are losing up to a month’s salary, if not more, on his coin.