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Trump's MAGA PUMP and DUMP con that enriches him and his MATES

03/03/2025

If you think blockchain technology and cryptocurrencies/assets can be good ideas (many do and for many good reasons), then you should be MAD that Trump is undermining trust in cryptocurrencies by politicising the market and rewarding pump-and-dump scams.

LAST NIGHT

PUMP AND DUMP behaviour.

TRUMP'S PUMP AND DUMP

  1. The term "pump and dump" means that certain investors buy a financial asset cheaply and then actively try to increase its market value by spreading positive stories, for example, on social media or various internet forums, which causes the price to rise.
  2. This is a well-known phenomenon, especially among "small" stocks, but also very much in the crypto world.
    1. With a PUMP "tweet, " Trump has significantly increased the opportunity to improve his (and his cronies) wealth.
    2. With a DUMP, many in the know have made a financial killing
  3. This is a behaviour that is illegal in most cases.

A CRYPTO RESERVE,

  1. There has long been speculation that Trump would introduce a so-called "Strategic Bitcoin Reserve" where the US government would hold Bitcoin reserves.
  2. It is noteworthy that he is NOT talking about a Bitcoin Reserve but a Crypto Reserve; specifically, he mentions several other cryptocurrencies.
  3. Trump explicitly mentions Solana as one of the blockchains.
  4. And guess what? Trump's meme coin, $Trump, has just been launched on the Solana blockchain. In other words, Trump directly allows the US government to buy $Trump coins.  

CONCLUSION

  1. What next? Are there no limits to what Trump will do to enrich himself and, in the process, significantly undermine confidence in the global financial system?

Source:  

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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.  

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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.