Latest news with #TrumpCoin


Atlantic
09-07-2025
- Politics
- Atlantic
11 Signs That the Call You Just Received From ‘Marco Rubio' Was Actually AI
A Marco Rubio impostor is using AI voice to call high-level officials The unknown individual contacted at least five government officials, including three foreign ministers, a U.S. governor, and a member of Congress, according to a State Department cable. — The Washington Post BE ON THE ALERT! AN IMPOSTOR POSING AS MARCO RUBIO HAS BEEN PLACING SPAM CALLS AND YOU MIGHT BE NEXT! KNOW THE SIGNS THAT THE CALL YOU ARE RECEIVING IS AN AI IMPOSTOR AND NOT MARCO RUBIO! At no point in the call does the caller stop to aggressively drink bottled water. The caller asks you to wire cash to him rather than simply purchase $TrumpCoin. Caller keeps insisting that the word strawberry has no r 's in it, becomes belligerent. In the background of the call, you can hear the sounds of the caller's happy vertebrae flourishing in his strong backbone. Caller says, 'I believe in the First Amendment and due-process rights for all, including those on student visas.' Caller announces, 'Why, just leaving you this voicemail cost dozens of bottles of clean water, and I don't just mean what I deprived people of by closing USAID.' Caller says, 'Remember my Substack post explaining that USAID was over? Where I said, with a straight face, that we should end aid because the 'Department has consistently heard the same from people in these nations: a Zambian man told American diplomats it would be more helpful for his countrymen to learn how to fish than to be supplied with fish by the U.S. Government, an Ethiopian woman said she viewed the mutual benefits of investment as superior to the one-sided nature of aid, and too many other examples to recount.' Too many other examples to recount! I'm shutting down USAID and I can't be bothered to recount more examples than these two bizarre paraphrases of nameless individuals? Sometimes I disgust myself.' 'Candidly, I am in charge of too many things.' 'Don't really love this Pete Hegseth guy.' Call comes at 2:40 a.m. Long, tormented pause followed by a shaky breath, followed by a voice saying, 'I just … when I think about what we did to USAID, I think, maybe I'll never sleep again. Maybe I don't deserve to. Millions of preventable deaths every year. Millions! Can you even fathom such a number? It didn't have to be like this. When I think of one preventable death, my palms get clammy and my stomach twists up on itself, and then I try to multiply that in my mind. By the time I get to 20 I feel like retching. I had to tell Congress it was a lie. I said it's a lie that children are dying because of the actions I've taken. I wish I could believe it. It would be easier if I could believe it. If I could just believe the words coming out of my mouth, maybe I would sleep.' Then a long sigh, and then a full hour of silence.
Yahoo
29-06-2025
- Business
- Yahoo
Reddit Is Roasting This Guy Who Lost His Grandma's Retirement Money on Crypto—But His Mistake Reveals a Dangerous Trend
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A viral Reddit post has ignited a fierce debate about family, money, and the dangerous intersection of politics and cryptocurrency investing. The story is as painful as it is instructive: a grandson convinced his grandmother to invest $50,000 in cryptocurrency following Donald Trump's election victory, only to watch 60% of her retirement savings evaporate in a matter of weeks. But this isn't just another cautionary tale about crypto volatility. It's a stark reminder of how political enthusiasm, family dynamics, and financial inexperience can create a perfect storm of poor decision-making—with devastating consequences for those who can least afford them. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. The grandson's investment recommendations read like a masterclass in what not to do with retirement funds. Instead of safer options like Bitcoin or traditional assets, he directed his grandmother toward speculative altcoins, including the infamous 'Trump coin'—what the crypto community widely recognized as a 'meme coin' and a 'rug pull waiting to happen.' 'Trump coin is a meme coin that dummies mistook for anything other than a meme coin,' one Reddit commenter bluntly observed. Another was even more direct: 'Why on earth would you tell her to invest in the Trump coin? Literally everyone was screaming about the rug pull incoming.' The portfolio also included Polkadot and Chainlink. While Chainlink has legitimate use cases, critics pointed out that all three selections represented high-risk, speculative plays rather than the conservative approach appropriate for someone nearing retirement. The timing of this investment disaster highlights a broader phenomenon: the dangerous mixing of political sentiment with financial decisions. The grandson's advice came in the wake of Trump's election victory, riding a wave of political optimism rather than sound investment analysis. This represents what behavioral economists call 'hot-state decision making'—choices driven by emotion rather than rational evaluation. The political excitement around Trump's win created a false sense of certainty about crypto markets, particularly around politically-themed tokens. 'You were hoping. That's a gambler mentality, with the aggravating factor that the money you were playing with wasn't even yours,' one commenter astutely noted. Perhaps the most troubling aspect of this story is the complete mismatch between the investment strategy and the investor's life stage. At retirement age, the grandmother needed capital preservation, not speculation. 'Crypto is insanely volatile to begin with, this is not a space for the elderly to invest in unless they're extremely risk tolerant AND their retirement would be okay if they lost everything they put into crypto,' explained one Reddit user. The math is unforgiving: someone in their 20s has decades to recover from a 60% loss, while someone at retirement age may never recoup such losses. The opportunity cost isn't just financial—it's years of security and peace of mind. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. Beyond the financial damage lies something potentially more valuable: family trust. The Reddit community was particularly harsh about the grandson's behavior after the losses mounted. 'You need to man up and take her calls like an adult. You need to get her out and make her whole—those should be your losses, not hers,' one commenter demanded. The avoidance behavior—not taking his grandmother's calls—compounds the original mistake. It transforms a financial error into a relationship crisis, potentially damaging family bonds that took decades to build. This story illuminates a crucial principle that many families struggle with: the difference between sharing financial information and giving financial advice. The grandson crossed a line from enthusiastic sharing to active recommendation without the expertise to back it up. 'Never give friends or family investment advice. If they lose money, now it's your fault. It really puts a strain on relationships,' warned one experienced investor. The first rule of family financial discussions should be clear disclosure of risk and expertise levels. Saying 'I'm excited about crypto' is very different from saying 'you should invest in crypto.' If this story resonates, here are practical steps to protect both your relationships and your family's financial security: For Advice Givers: Acknowledge your expertise limitations upfront Focus on education rather than recommendations Consider the recipient's age, risk tolerance, and financial situation Never pressure family members into investments Be prepared to take responsibility if you do give specific advice For Advice Receivers: Distinguish between enthusiasm and expertise Seek multiple sources of information Understand that family love doesn't equal financial competence Consider the advisor's own financial track record Always do your own research before investing For Everyone: Keep politics out of portfolio decisions Match investment risk to life stage and financial goals Remember that 'hot' markets often lead to 'cold' outcomes Maintain emergency funds separate from speculative investments The crypto community's response to this story was overwhelmingly critical but also constructive. Many urged the grandson to take responsibility, make financial amends, and learn from the mistake. 'Bitcoin is for investing. Crypto is for gambling,' one user summarized, highlighting the distinction between established cryptocurrencies and speculative altcoins. The grandmother's situation isn't hopeless—markets can recover, and she may have time to rebuild with more conservative strategies. But the lesson for families everywhere is clear: when it comes to money and relationships, the stakes are too high for amateur hour. This Reddit post serves as a modern parable about the intersection of family, money, and the dangerous allure of get-rich-quick schemes. In an era where everyone has an opinion about markets and a platform to share it, the most valuable skill might be knowing when to keep your investment advice to yourself. The cost of being wrong isn't just financial—it's measured in broken trust, damaged relationships, and the weight of responsibility for someone else's financial security. That's a price no family should have to pay. See Next: $100k in assets? Maximize your retirement and cut down on taxes: Book your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. This article Reddit Is Roasting This Guy Who Lost His Grandma's Retirement Money on Crypto—But His Mistake Reveals a Dangerous Trend originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
25-06-2025
- Politics
- Bloomberg
Trump-Inspired ‘Israel Edition' Coin Pushed During Iran Conflict
Politics By Save The email hit inboxes on Monday, a tense period after US attacks against Iranian nuclear sites, but before President Donald Trump announced a ceasefire in the war between Israel and Iran. The message: buy the collectible 'Trump Coin Israel Edition.'
Yahoo
06-06-2025
- Automotive
- Yahoo
How Is Tesla Stock Faring After the Musk-Trump Breakup?
A breakdown in relations between President Trump and Elon Musk slammed Tesla stock Thursday, along with assets associated with the U.S. leader. Shares of Musk's electric-vehicle maker rose 4% in premarket trading. The company behind the president's Truth Social platform tanked 8% yesterday, when the Trump Coin cryptocurrency also weakened.

Wall Street Journal
06-06-2025
- Business
- Wall Street Journal
Trump Coin, Trump Media Shares Fall Amid Musk Feud
It wasn't just Musk-related investments taking a hit on Thursday. Shares of Trump Media & Technology Group, the Truth Social parent company majority owned by the president, dropped 8% Thursday, extending declines as Trump and Musk feuded online in the afternoon. Meanwhile, Trump Coin, the meme cryptocurrency backed by the president, was down 12% in afternoon trading.