Reporter Asks Trump if He’ll Keep Selling Meme Coins After Making ‘Several Billion Dollars’ on Them
A reporter asked President Donald Trump on Tuesday whether he would continue to sell his meme cryptocurrency after making “several billion dollars” on the coins in just the last few days.
During a press conference on Trump’s first full day in the White House, a reporter brought up Trump’s controversial cryptocurrency and asked, “Do you intend to continue selling products that benefit yourself personally while you’re president?”
“Well, I don’t know if it benefited. I don’t know where it is,” Trump replied. “I don’t know much about it other than I launched it. I heard it was very successful. I haven’t checked it, where is it today?”
The reporter informed him, “You made a lot of money sir.”
“How much?” Trump asked.
“Several billion dollars it seems like in the last several days,” the reporter answered.
Trump shrugged off the huge amount of money, concluding, “Several billion? That’s peanuts for these guys.”
Trump received backlash from allies and enemies alike this week after he launched a controversial cryptocurrency meme coin in the hours leading up to his inauguration.
The president reportedly made more than $50 billion in just 48 hours. However, critics compared the stunt to a Ponzi scheme and expressed concern about corruption.
“What the fuck are we doing people, are we really doing a $15 billion scamcoin to lure suckers into crypto casino roulette the week we start to run the government?” reacted former Trump State Department official Mike Benz. “Will cash from the wallet now holding 80% of the coins be using the funds to advance US interests? Or money & run?”
Watch above via C-SPAN.