How did the Trump family use crypto to make a fortune? Original post by @gothburz, who is a wlfi ambassador. Summary: 'The Trump Family Coin: The Biggest Scam in History' 600,000 wallets bought in. Lost $3.8 billion. The family pocketed $350 million in fees. This is the story of the TRUMP memecoin. 80% of the supply went to two companies: One called CIC Digital LLC. Another called Fight Fight Fight LLC. Both owned by the Trump family. Retail investors got 20%. Whales took 80%. Justin Sun invested $75 million. At the time, he was being sued by the SEC for fraud. Right after the investment, the SEC dropped the case. The SEC dropped its lawsuit against Binance the same week it approved a stablecoin for listing. Then Binance used that stablecoin to settle $2 billion worth of transactions. CZ received a presidential pardon. In the same week, the SEC dropped its lawsuit against Binance. I’ve seen many whales. But I’ve never seen a whale who can pump their own bags with a presidential order. On March 6, Trump signed an executive order requiring the government to hold Bitcoin. The Trump family owns billions in Bitcoin. Retail investors are always the ones left holding the bag. No matter who the whale is. No matter what the whale’s name is. Even if the whale lives in the White House.