r/InBitcoinWeTrust

NEARLY 1 MILLION RETAIL INVESTORS LOSE $3.81 BILLION ON TRUMP MEMECOIN, PER NYT

According to a Nansen report cited by the New York Times, nearly 988,905 investors who purchased the TRUMP memecoin have lost a combined $3.81 billion as of the end of June 2026.

Roughly 2 out of every 3 buyers are underwater.

The token is currently trading at $1.76, down 97% from its all-time high of $75.35.

Donald Trump executed 22,000 stock trades in the year 2025 alone.

To put that in perspective: Biden reported 13 trades during his entire presidency.

Trump’s first term: fewer than 600.

The jump from 600 to 22,000 represents... a fundamental shift in nature.

The most telling example is the MASSIVE purchase of hundreds of stocks the day before the pause on tariffs (which triggered a historic rally).

The Trump Organization claims everything is managed by independent third parties, but still.

85 trades per trading day for a "blind trust"—that’s a pretty creative definition of the word "blind."

Above all, this figure highlights a major blind spot in U.S. law: presidential trading.

The 2012 STOCK Act prohibits members of Congress from using non-public information to trade... but it applies very poorly to the executive branch.

The result: a president who knows 24 hours in advance that he is going to announce a tariff pause (and whose accounts are buying heavily the day before) isn't violating any clearly defined law. 😅

That’s why U.S. watchdogs have been calling for years to extend the STOCK Act to the presidency.

It was never passed.

Now we have good reason to understand why. 👀

🔥FORMER TRUMP LAWYER ON TRUMP’S CRYPTO PROFITS: “THE GREATEST ONSLAUGHT OF CORRUPTION IN HISTORY”

When asked if Trump’s crypto earnings are legal, Ty Cobb said, “I don’t believe so.”

He said Trump creates policies that “can only enrich himself and his family.”

"We are seeing the greatest onslaught of corruption in the history of mankind in the last 18 months."

Cobb added that Trump’s financial report may be “the longest disclosure in the history of the American presidency.”

“The grift is on. It’s stunning.”

Reuters estimates the Trump family has made at least $2.3B from crypto, while President Donald Trump alone disclosed $1.4B+ in crypto income.

His annual financial disclosure for 2025 shows earnings of $635M from $TRUMP memecoin sales and almost $800M from World Liberty Financial, including $520M from $WLFI token sales.

This comes even as both tokens later plunged in value, with TRUMP and WLFI now down 96% and 77%, respectively, from their peaks.

HUGE: PUTIN ADMITS RUSSIA IS FACING A FUEL CRISIS FOR THE FIRST TIME EVER

Vladimir Putin admitted that Russia is facing a fuel shortage after Ukrainian strikes on fuel infrastructure.

He confirmed that Russia has begun drawing from its strategic fuel reserves, while officials have already suspended gasoline and kerosene exports a

"A complete ban on diesel exports is also being considered," Putin said.