667

Trump family gets 75% of crypto coin revenue, has no liability, new document reveals(www.cnbc.com)

posted
by
Avatar
vegeta@lemmy.world
in
Avatar
technology@lemmy.world
80 comments
hidereport
Sort:
HotTopControversialNewOld
You are viewing a single thread.
View all comments
Avatar
EndOfLine@lemm.ee
31 points

WLFI has a current value of $0.0000000000034 USD.

That’s about 3 billion WLFI for 1 penny. What a deal!

permalink
report
reply
Avatar
sugar_in_your_tea@sh.itjust.works
16 points

Sounds like a penny stock, I should dump my life savings into it, right?

permalink
report
parent
reply
Avatar
Dozzi92@lemmy.world
6 points

Hey, I made a bunch off a penny stock once time. Ignore that I’ve invested in penny stocks more than once.

permalink
report
parent
reply
Avatar
JohnEdwa@sopuli.xyz
17 points

According to this article, they “sold 846.63 million tokens valued at $12.7 million” on the first day, leaving “19.1 billion coins worth $287 million unsold”.
At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

Community stats

  • 15K

    Monthly active users

  • 6.7K

    Posts

  • 153K

    Comments

Community moderators