Comment on Trump Family’s Crypto Empire Collapses: Nearly $1 Billion Wiped Out as World Liberty and Memecoins Crash

ramble81@lemmy.zip ⁨1⁩ ⁨week⁩ ago

  1. Create tokenized item with no actual value (Z = 0)
  2. get people to spend real money on random token.
  3. collect the money at a high arbitrary value (X)
  4. Collect the money at a lower, yet still arbitrary value (Y)
  5. Enjoy X+Y-Z profits

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