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Nevilledog

(50,685 posts)
Thu Jul 22, 2021, 07:49 PM Jul 2021

Magacoin: pro-Trump cryptocurrency attracts over 1,000 people to sign up



Tweet text:
Khashoggi’s Ghost
@UROCKlive1
·
Jul 22, 2021
More than 1,000 people have so far signed up to the pro-Trump cryptocurrency magacoin, including conservative media personalities and Republican figures.

Data shows most of the magacoin is allocated to its self-styled creator.

Magacoin: pro-Trump cryptocurrency attracts over 1,000 people to sign up
Magacoin bills itself as the ‘digital currency for the MAGA community’ but data from the site shows most of the cryptocurrency is allocated to its self-style creator
theguardian.com

Khashoggi’s Ghost
@UROCKlive1
The news comes after poor security configuration in a website associated with magacoin exposed the email addresses, passwords, cryptocurrency wallet addresses and IP addresses of users who have bought in to what promoters describe as the “digital currency for the MAGA community”.
4:39 PM · Jul 22, 2021


https://www.theguardian.com/technology/2021/jul/22/magacoin-pro-trump-cryptocurrency-attracts-over-1000-people-to-sign-up


More than 1,000 people have so far signed up to the pro-Trump cryptocurrency magacoin, including conservative media personalities and Republican figures, the Guardian can reveal.

The news comes after poor security configuration in a website associated with magacoin exposed the email addresses, passwords, cryptocurrency wallet addresses and IP addresses of users who have bought in to what its promoters describe as the “digital currency for the MAGA community”.

The data also reveals that the lion’s share of the cryptocurrency so far produced has been allocated to the self-described creator of magacoin, a pro-Trump consultant who owns an LLC associated with the cryptocurrency, and a Super Pac associated with the same consultant.

The information, provided to the Guardian by a self-described hacktivist, unveils the reality around the cryptocurrency whose creators say it is made “by America First Conservatives out of frustration with ‘Losing the Election’ and a desire to fight back by supporting MAGA candidates”.

*snip*


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Magacoin: pro-Trump cryptocurrency attracts over 1,000 people to sign up (Original Post) Nevilledog Jul 2021 OP
#GriftCoin Roland99 Jul 2021 #1
Sssssuckers lol Thomas Hurt Jul 2021 #2
As the Bard would have put it DFW Jul 2021 #3
tRump Steaks for a new decade EYESORE 9001 Jul 2021 #4
I'd like to have something pithy to say..... Red Mountain Jul 2021 #5

DFW

(54,055 posts)
3. As the Bard would have put it
Thu Jul 22, 2021, 08:00 PM
Jul 2021

"Even if throwing money into Trumpcoin was done in good faith, a Trumpanzee by any other name will end up just a broke (as his money flows into Trump's pockets). "

Corrollary: "A Trumpanzee and his money are soon parted--if Donald Trump has anything to say about it."

Red Mountain

(1,705 posts)
5. I'd like to have something pithy to say.....
Thu Jul 22, 2021, 08:09 PM
Jul 2021

But I kinda have to admire the creators of this crypto.

They are milking it for all it's worth.



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