Miguel Afonso Caetano<p>It's official: The United States of America are as of know a <a href="https://tldr.nettime.org/tags/KLEPTOCRACY" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KLEPTOCRACY</span></a>: </p><p>"Nearly 73 percent of Trump’s wealth — $11.6 billion of an estimated $15.9 billion — comes from crypto holdings that he built at record pace by misusing his office, the group claims in an analysis made public Thursday. The group’s president slammed Trump in a prepared statement.</p><p>“Soon after signing his ‘Big Ugly’ law that rips away health care and food security from millions of American working people and seniors, President Trump pushed bills to make it easier to pad his net worth by billions through dubious crypto schemes,” Caroline Ciccone, the head of Accountable, said. “The more the President’s wealth depends on anonymous investors around the world with hidden agendas, the greater the risk to the interests of everyday Americans and our national security.”</p><p>The Accountable analysis is the latest attempt to pierce the corporate veil of the Trump family’s opaque network of companies. Well before digital tokens became moneymakers, Trump’s worth was notoriously hard to pin down, at one point spawning a failed libel lawsuit from the real estate mogul. The speculative nature of crypto has made it even harder.</p><p>Last month, Bloomberg estimated that roughly $620 million, of what an estimated total net worth of $6.4 billion, could be chalked up to crypto.</p><p>Accountable argued in its latest analysis that Bloomberg undercounted both Trump’s crypto and total wealth, thanks largely to the wildly speculative nature of crypto."</p><p><a href="https://theintercept.com/2025/08/09/trump-crypto-billionaire-accountable/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">theintercept.com/2025/08/09/tr</span><span class="invisible">ump-crypto-billionaire-accountable/</span></a></p><p><a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://tldr.nettime.org/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://tldr.nettime.org/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> <a href="https://tldr.nettime.org/tags/Cryptocurrencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cryptocurrencies</span></a> <a href="https://tldr.nettime.org/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a></p>
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#ponzischeme
4 posts · 4 participants · 0 posts today
RaymondPierreL3<p>I don’t know about you, but it seems to me that one <a href="https://aus.social/tags/Elon" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Elon</span></a> is enough for the world to cope with. We don’t need another LEO (Low Earth Orbit) polluter.</p><p><a href="https://aus.social/tags/LEOpollution" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LEOpollution</span></a> <a href="https://aus.social/tags/CorporatisingSpace" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CorporatisingSpace</span></a> <a href="https://aus.social/tags/Astronomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Astronomy</span></a> <a href="https://aus.social/tags/CrazyIdeas" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CrazyIdeas</span></a> <br><a href="https://aus.social/tags/ClimateAction" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ClimateAction</span></a> <a href="https://aus.social/tags/TechBros" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TechBros</span></a> <a href="https://aus.social/tags/TechnoFeudalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TechnoFeudalism</span></a> <a href="https://aus.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> </p><p><a href="https://mastodon.social/@sundogplanets/114994624601006489" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mastodon.social/@sundogplanets</span><span class="invisible">/114994624601006489</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>the UK's Solicitors Regulation Authority is prosecuting one of the UK's more infamous libel law firms (Carter Ruck) for silencing critics of the massive OneCoin ponzi scheme (2nd only to madoff) that imploded back in 2017.</p><p>sadly there's a million other cases of Big Law firms openly aiding and abetting out and out frauds that will go unpunished, but it's nice to see at least some kind of minimal attempt at justice</p><p>(the story of OneCoin is completely insane; worth a read if you haven't run across it before)</p><p><a href="https://taxpolicy.org.uk/2023/12/18/carter-ruck-acted-for-fraudster" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">taxpolicy.org.uk/2023/12/18/ca</span><span class="invisible">rter-ruck-acted-for-fraudster</span></a></p><p><a href="https://universeodon.com/tags/uk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>uk</span></a> <a href="https://universeodon.com/tags/ukpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ukpol</span></a> <a href="https://universeodon.com/tags/carterRuck" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>carterRuck</span></a> <a href="https://universeodon.com/tags/libel" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>libel</span></a> <a href="https://universeodon.com/tags/OneCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OneCoin</span></a> <a href="https://universeodon.com/tags/RujaIgnatova" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RujaIgnatova</span></a> <a href="https://universeodon.com/tags/ponzi" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ponzi</span></a> <a href="https://universeodon.com/tags/ponziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ponziScheme</span></a> <a href="https://universeodon.com/tags/eupol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>eupol</span></a> <a href="https://universeodon.com/tags/bulgaria" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bulgaria</span></a> <a href="https://universeodon.com/tags/FCA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FCA</span></a> <a href="https://universeodon.com/tags/SRA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SRA</span></a> <a href="https://universeodon.com/tags/BigLaw" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BigLaw</span></a> <a href="https://universeodon.com/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://universeodon.com/tags/lawstodon" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lawstodon</span></a> <a href="https://universeodon.com/tags/PrivateEye" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PrivateEye</span></a></p>
Mojo ♻️<p>Property Boom Fuels Surge in Aussie Millionaires<br>A record-high wave of Australian millionaires is being propelled by soaring property values, making home ownership the central engine of wealth building. The average dwelling price recently topped AUD 1 million nationwide, driven by escalating values across capital cities and regional markets alike. Property now makes up roughly 75% of household wealth, but many are “asset-rich and cash-poor” due to illiquidity.<br>This boom underscores growing wealth inequality and the challenges faced by first‑home buyers amid supply shortages, tax settings, and rising inheritance flows.</p><p><a href="https://aus.social/tags/auspop" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>auspop</span></a> <a href="https://aus.social/tags/ponzischeme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ponzischeme</span></a> <a href="https://aus.social/tags/ausproperty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ausproperty</span></a> <a href="https://aus.social/tags/negativegearing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>negativegearing</span></a> <a href="https://aus.social/tags/inequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inequality</span></a> <a href="https://aus.social/tags/taxtherich" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>taxtherich</span></a> </p><p><a href="https://www.abc.net.au/news/2025-08-04/property-boom-fuels-surge-in-aussie-millionaires-to-global-high/105589352" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-08-04/pro</span><span class="invisible">perty-boom-fuels-surge-in-aussie-millionaires-to-global-high/105589352</span></a></p>
joe•iuculano :mastodon:<p>Via <a href="https://masto.ai/tags/DailyKos" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DailyKos</span></a> @ 5:55pm ET on Aug 2, 2025</p><p>On July 10, the <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SEC</span></a> filed suit against <a href="https://masto.ai/tags/BrantFrostIV" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BrantFrostIV</span></a> and his company, <a href="https://masto.ai/tags/FirstLibertyBuildingAndLoan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FirstLibertyBuildingAndLoan</span></a>, alleging Frost ran a <a href="https://masto.ai/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> that defrauded retail investors — mainly older religious conservatives — and some <a href="https://masto.ai/tags/Georgia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Georgia</span></a>, <a href="https://masto.ai/tags/Alabama" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Alabama</span></a>, and <a href="https://masto.ai/tags/Maine" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Maine</span></a> politicians who had invested with Frost after receiving campaign contributions from him.</p><p><a href="https://www.dailykos.com/stories/2025/8/2/2336437/-MAGA-donor-ran-140M-Ponzi-scheme-targeting-Christians-patriots-now-their-money-s-gone" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">dailykos.com/stories/2025/8/2/</span><span class="invisible">2336437/-MAGA-donor-ran-140M-Ponzi-scheme-targeting-Christians-patriots-now-their-money-s-gone</span></a></p>
Nonilex<p>That has not gone over well with <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>'s right-leaning base, which has long believed the government was covering up <a href="https://masto.ai/tags/Epstein" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Epstein</span></a>'s ties to the rich & powerful.</p><p>"Donald Trump's been running a <a href="https://masto.ai/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> based on <a href="https://masto.ai/tags/propaganda" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>propaganda</span></a> for the better part of a decade & it's finally catching up to him," said Geoff Duncan, a Republican former lieutenant governor of Georgia & <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> critic. "The <a href="https://masto.ai/tags/FarRight" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FarRight</span></a> element is just dug in. They're hell bent on getting this information out."</p>
Miguel Afonso Caetano<p>"[I]t appears that SoftBank may not be able to — or want to — proceed with any of these initiatives other than funding OpenAI's current round, and evidence suggests that even if it intends to, SoftBank may not be able to afford investing in OpenAI further.</p><p>I believe that SoftBank and OpenAI's relationship is an elaborate ruse, one created to give SoftBank the appearance of innovation, and OpenAI the appearance of a long-term partnership with a major financial institution that, from my research, is incapable of meeting the commitments it has made.</p><p>In simpler terms, OpenAI and SoftBank are bullshitting everyone.</p><p>I can find no tangible proof that SoftBank ever intended to seriously invest money in Stargate, and have evidence from its earnings calls that suggests SoftBank has no idea — or real strategy — behind its supposed $3-billion-a-year deployment of OpenAI software.</p><p>In fact, other than the $7.5 billion that SoftBank invested earlier in the year, I don't see a single dollar actually earmarked for anything to do with OpenAI at all.</p><p>SoftBank is allegedly going to send upwards of $20 billion to OpenAI by December 31 2025, and doesn't appear to have started any of the processes necessary to do so, or shown any signs it will. This is not a good situation for anybody involved."</p><p><a href="https://www.wheresyoured.at/softbank-openai/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wheresyoured.at/softbank-opena</span><span class="invisible">i/</span></a></p><p><a href="https://tldr.nettime.org/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> <a href="https://tldr.nettime.org/tags/GenerativeAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GenerativeAI</span></a> <a href="https://tldr.nettime.org/tags/OpenAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OpenAI</span></a> <a href="https://tldr.nettime.org/tags/SoftBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SoftBank</span></a> <a href="https://tldr.nettime.org/tags/Stargate" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Stargate</span></a> <a href="https://tldr.nettime.org/tags/Oracle" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Oracle</span></a> <a href="https://tldr.nettime.org/tags/BigTech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BigTech</span></a> <a href="https://tldr.nettime.org/tags/AIBubble" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AIBubble</span></a> <a href="https://tldr.nettime.org/tags/AIHype" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AIHype</span></a> <a href="https://tldr.nettime.org/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a></p>
The Wookie<p><span class="h-card" translate="no"><a href="https://mamot.fr/@pluralistic" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>pluralistic</span></a></span> </p><p><a href="https://mindly.social/tags/MAGA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MAGA</span></a> is currently a <a href="https://mindly.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> </p><p>Trump Hats<br>Truth Social premiums<br>Trump Cypto<br>Trump phones<br>Pay to play Cabinet Positions</p><p>... and the Grand MAGAt seems to be awfully worried about his name being implicated in a sex scandal.</p><p>History may not repeat but it does rhyme.</p>
Cory Doctorow<p>The <a href="https://mamot.fr/tags/Klan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Klan</span></a> was a <a href="https://mamot.fr/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> </p><p>-<a href="https://mamot.fr/tags/MattStoller" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MattStoller</span></a></p><p><a href="https://www.thebignewsletter.com/p/monopoly-round-up-jeff-epstein-maga" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thebignewsletter.com/p/monopol</span><span class="invisible">y-round-up-jeff-epstein-maga</span></a></p>
MugsysRapSheet 🔩🐑🐘<p><span class="h-card" translate="no"><a href="https://mastodon.social/@jenzi" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>jenzi</span></a></span> <span class="h-card" translate="no"><a href="https://mastodon.online/@Sibshops" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>Sibshops</span></a></span> <span class="h-card" translate="no"><a href="https://journa.host/@theintercept" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>theintercept</span></a></span> <br>Cite a "need" or "value" of having yet another "digital currency" if not for the ability to hide the owner.</p><p>I can already send money electronically using a simple bank transfer. I can buy almost anything anywhere on the planet using a Credit/Debit card.</p><p><a href="https://mastodon.social/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> has just TWO added features: The ability to create "money" out of thin air via "mining", and the ability to hide the identity of the owner.</p><p><a href="https://mastodon.social/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> isn't a currency. It's a COMMODITY (and <a href="https://mastodon.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a>.)</p>
Miguel Afonso Caetano<p>"El comunicado no puede ser más explícito en su intención. Ordena a la Unidad de Integridad del Mercado y Grandes Fraudes “dejar de controlar las criptomonedas”. También instruye a los fiscales del estado a “no presentar cargos por violaciones de la regulación en casos que involucren activos digitales”. No podrán investigar ni perseguir delitos como transferencias de dinero no autorizadas, ofertas de valores no registradas, operaciones de corredores y agentes de Bolsa no registrados y cualquier infracción de los requisitos de registro bajo las leyes de Valores Bursátiles, Productos de Inversión o de Secreto Bancario. Libera a las cripto de reportar cualquier incidencia vinculada con crímenes financieros típicos de la industria, como el lavado de dinero o la financiación ilegal, a menos que sepan “concretamente” que el acusado “ha violado conscientemente y de manera deliberada un requisito específico”.</p><p>Las razones parecen obvias. La industria de las criptomonedas recaudó más de 200 millones de dólares para Trump en 2024. A cambio, Trump ha sido muy generoso con el sector. Una de las primeras órdenes ejecutivas del presidente fue la creación de una reserva federal de Bitcoin y otras criptomonedas emitidas por algunos de sus principales donantes. De momento, ha usado reservas que Justicia y las agencias federales han confiscado en sus operaciones contra cibercriminales, pero ahora amenaza con usar las reservas de oro federales para engordar las de Bitcoin."</p><p><a href="https://elpais.com/opinion/2025-04-10/criptos-sin-ley-el-plan-de-trump.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">elpais.com/opinion/2025-04-10/</span><span class="invisible">criptos-sin-ley-el-plan-de-trump.html</span></a></p><p><a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://tldr.nettime.org/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://tldr.nettime.org/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> <a href="https://tldr.nettime.org/tags/CryptoCurrencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CryptoCurrencies</span></a> <a href="https://tldr.nettime.org/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> <a href="https://tldr.nettime.org/tags/Corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Corruption</span></a></p>
DJM (freelance for hire)<p>The Town That Went Crazy for Crypto</p><p>In San Pedro, Argentina, 16,000 people, a fifth of the population, signed up for a cryptocurrency exchange where everyone won. Until they didn’t.</p><p><a href="https://www.nytimes.com/2025/03/28/business/rainbowex-crypto-ponzi-scheme.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/03/28/busines</span><span class="invisible">s/rainbowex-crypto-ponzi-scheme.html</span></a><br>Archive: <a href="https://archive.ph/FCrti" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="">archive.ph/FCrti</span><span class="invisible"></span></a></p><p><a href="https://masto.ai/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> <a href="https://masto.ai/tags/Argentina" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Argentina</span></a> <a href="https://masto.ai/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a></p>
RonSupportsYou<p>Rep. Pramila Jayapal: "No, Elon — Social Security isn’t a <a href="https://mastodon.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a>. It’s America’s most successful anti-poverty program, one that millions of seniors rely on. Keep your hands off it." <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>politics</span></a> <a href="https://mastodon.social/tags/PersonalFinance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PersonalFinance</span></a></p>
MugsysRapSheet 🔩🐑🐘<p>DAYUM! I predicted it would take AT LEAST a year for <a href="https://mastodon.social/tags/DonTheCon" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonTheCon</span></a> to try to turn the <a href="https://mastodon.social/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> scam into a National Currency (from which he and <a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> would turn themselves into instant mega-billionaires.)</p><p>It didn't even take 44 DAYS! 😞 </p><p>(REMINDER: This is right after Musk blasted <a href="https://mastodon.social/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialSecurity</span></a> as a "<a href="https://mastodon.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a>.")<br><a href="https://www.msnbc.com/rachel-maddow/watch/-old-fashioned-simple-scam-trump-hypes-strategic-crypto-reserve-233757253835" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">msnbc.com/rachel-maddow/watch/</span><span class="invisible">-old-fashioned-simple-scam-trump-hypes-strategic-crypto-reserve-233757253835</span></a></p>
Steve Dustcircle 🌹<p><a href="https://masto.ai/tags/FACTCHECK" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FACTCHECK</span></a> -</p><p>Yes, <a href="https://masto.ai/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> called <a href="https://masto.ai/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialSecurity</span></a> a '<a href="https://masto.ai/tags/Ponzischeme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ponzischeme</span></a>'</p><p><a href="https://www.snopes.com/fact-check/musk-social-security-ponzi-scheme/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">snopes.com/fact-check/musk-soc</span><span class="invisible">ial-security-ponzi-scheme/</span></a></p>
Touaregtweet<p>'Trump is the con artist behind this giant Ponzi scheme. He lured voters into this fake MAGA project, pocketed some of the cash and rewarded his billionaire backers and friends (including Musk) with more, and will leave most Americans with a corrupt and decimated society.'</p><p><a href="https://substack.com/home/post/p-158107666" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">substack.com/home/post/p-15810</span><span class="invisible">7666</span></a> <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> <a href="https://mastodon.social/tags/coup" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>coup</span></a> <a href="https://mastodon.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>politics</span></a></p>
Miguel Afonso Caetano<p>"Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency collapsed.</p><p>$Trump, a so-called “meme coin” unveiled on Jan 17, three days before Mr Trump’s inauguration, has lost more than 80pc of its value since its peak on Jan 19.</p><p>This has led to its overall worth falling from a peak of $15bn to $2.7bn on Thursday, as it suffered amid a wider crypto rout.<br>The paper value of the coins owned by Mr Trump himself has also fallen by $50bn.</p><p>While Mr Trump’s own losses have not been crystallised, investors are on the hook after spending heavily to back the Trump coin in the run-up to his inauguration, partly as a show of support but also as a gamble that the token would rise in value."</p><p><a href="https://www.telegraph.co.uk/business/2025/02/27/trump-supporters-lose-12bn-as-presidents-crypto-boom-fades/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">telegraph.co.uk/business/2025/</span><span class="invisible">02/27/trump-supporters-lose-12bn-as-presidents-crypto-boom-fades/</span></a></p><p><a href="https://tldr.nettime.org/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Crypto</span></a> <a href="https://tldr.nettime.org/tags/Cryptocurrencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cryptocurrencies</span></a> <a href="https://tldr.nettime.org/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://tldr.nettime.org/tags/MemeCoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MemeCoins</span></a> <a href="https://tldr.nettime.org/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a></p>
Father Enoch<p><span class="h-card" translate="no"><a href="https://beige.party/@amiserabilist" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>amiserabilist</span></a></span> <span class="h-card" translate="no"><a href="https://infosec.exchange/@briankrebs" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>briankrebs</span></a></span> </p><p>What is the difference between a <a href="https://mastodon.online/tags/PyramidScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PyramidScheme</span></a> and a <a href="https://mastodon.online/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a>?</p>
FinchHaven sfba<p><span class="h-card" translate="no"><a href="https://mastodon.social/@flexghost" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>flexghost</span></a></span> </p><p>That whole "<a href="https://sfba.social/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialSecurity</span></a> is a big <a href="https://sfba.social/tags/PonziScheme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PonziScheme</span></a>" is just repetitive <a href="https://sfba.social/tags/Republican" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Republican</span></a> bullshit -- decades old</p><p>Hey!</p><p>Raise the SS payroll cap to, say, incomes > $1M annually</p><p>Think that might help?</p><p>The Republicans don't want answers</p><p>The Republicans want a whipping boy to distract from everything else they're doing wrong</p>
Eric Schutte<p><span class="h-card" translate="no"><a href="https://mastodon.world/@MJmusicinears" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>MJmusicinears</span></a></span><br>Some background to this toot about <a href="https://mastodon.nl/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> calling <a href="https://mastodon.nl/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocialSecurity</span></a> the biggest <a href="https://mastodon.nl/tags/ponzischeme" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ponzischeme</span></a> of all time during interview with <a href="https://mastodon.nl/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JoeRogan</span></a></p><p><a href="https://www.huffpost.com/entry/elon-musk-social-security-ponzi-scheme_n_67c337cce4b049364f4586a3" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">huffpost.com/entry/elon-musk-s</span><span class="invisible">ocial-security-ponzi-scheme_n_67c337cce4b049364f4586a3</span></a></p>
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