# The most unbelievable allegation in history: "Trump's crypto project swindled me" **URL:** \ **Category:** The BBQ Pit\ **Tags:** trump\ **Created:** [May 6, 2026, 11:47pm UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872 "2026-05-06T23:47:08Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![griffin1977](https://avatars.discourse-cdn.com/v4/letter/g/977dab/32.png) [@griffin1977](https://boards.straightdope.com/u/griffin1977)\ **Post date:** [May 6, 2026, 11:47pm UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872/1 "2026-05-06T23:47:08Z")
Wow, really!?! I mean what’s the world world coming to. We are expected to believe a **cryptocurrency** project from billionaire POTUS and all round honest guy **Donald J Trump** actually swindled someone? [https://www.economist.com/united-states/2026/04/24/a-mogul-alleges-he-has-been-swindled-by-a-trump-affiliated-crypto-project](https://www.economist.com/united-states/2026/04/24/a-mogul-alleges-he-has-been-swindled-by-a-trump-affiliated-crypto-project) I mean come on, when has any project that involved either of those two terms ever actually swindled someone or involved any kind of dishonest dealing. Let alone one that involves BOTH of them. I’m surprised the Economist would publish this kind of wild scurrilous accusation ---
**Author:** ![Measure\_for\_Measure](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/measure_for_measure/32/557_2.png) [@Measure\_for\_Measure](https://boards.straightdope.com/u/Measure_for_Measure)\ **Post date:** [May 8, 2026, 1:24am UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872/2 "2026-05-08T01:24:48Z")
The Economist article is paywalled, but trust me on this one: it’s wild. You can get a sense of the mayhem by reading these 2 articles in order. Crypto bro Justin Sun was under investigation by the SEC who reportedly had a strong case. Then, days after Trump’s election, he bought $75 million of WLFI tokens: the Trump family would receive 75% of all such sales. Then SEC charges were miraculously dropped the following year, with an apparently paltry $10 million fine. Soon after, during the summer of 2025, the Trump family launched some stablecoins: they ~~shook down Sun~~ wanted an investment of $200 million. He demurred, then found his WLFI account frozen. Now he’s suing. > **[Trump’s crypto empire descends into warring lawsuits](https://www.motherjones.com/politics/2026/05/trumps-crypto-empire-descends-into-warring-lawsuits/)** > > World Liberty Financial sues its loudest critic. > **[Trump’s World Liberty Financial venture sues crypto entrepreneur for defamation](https://www.theguardian.com/technology/2026/may/04/trump-world-liberty-financial-lawsuit-justin-sun)** > > Suit alleges that Hong Kong-based Justin Sun engaged in a campaign to ‘torch’ the company’s reputation Let 'em fight. ---
**Author:** ![EddyTeddyFreddy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eddyteddyfreddy/32/18796_2.png) [@EddyTeddyFreddy](https://boards.straightdope.com/u/EddyTeddyFreddy)\ **Post date:** [May 8, 2026, 4:13am UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872/3 "2026-05-08T04:13:11Z")
I’m rooting for injuries. ---
**Author:** ![griffin1977](https://avatars.discourse-cdn.com/v4/letter/g/977dab/32.png) [@griffin1977](https://boards.straightdope.com/u/griffin1977)\ **Post date:** [May 13, 2026, 7:19pm UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872/4 "2026-05-13T19:19:43Z")
Here was me thinking the allegations in the OP were the most unexpected unlikely thing ever to happen in history. I stand corrected this is the most unexpected unlikely thing ever to happen in history… > **[MAGA Melts Down Hard After Learning They May Never Get Their 'Trump Mobile'...](https://www.comicsands.com/maga-angry-trump-phones)** > > The grift is real, folks. I mean serious is there a human being on the planet who could have possibly predicted this outcome?!? I think not. ---
**Author:** ![Gatopescado](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gatopescado/32/5711_2.png) [@Gatopescado](https://boards.straightdope.com/u/Gatopescado)\ **Post date:** [May 14, 2026, 7:22pm UTC](https://boards.straightdope.com/t/the-most-unbelievable-allegation-in-history-trumps-crypto-project-swindled-me/1029872/5 "2026-05-14T19:22:59Z")
This phone thing is just hilarious! The best part, for me, is the implied up-coming “Double Tap”. That the “deposit” wasn’t really a deposit, just something that gives you the right to actually purchase the thing when they really, _really_ promise that it’s coming out this time, for Reals! I piss myself laughing at thinking of these idiots pulling out the credit card again for a “phone” that A) Isn’t as good as a cheap Moto, B) Won’t work with existing networks, and C) Will never actually exist 😆