WINNING? Trump’s Truth Social is Bleeding Users as it Suffers a Brutal 30% Drop

Four years ago Donald Trump launched his own official propaganda platform, Truth Social, after he was banned from Twitter “due to the risk of further incitement of violence.” That was before Elon Musk took over and later restored Trump’s account.

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Donald Trump, Twitter

Ever since Truth Social began it has been an abysmal failure. Much like almost every other Trump business. After all, the guy who bankrupted four casinos, and had both his phony university and scam charity shuttered by the courts for fraud, can hardly be expected to make a profit on more conventional enterprises. And with regard to Truth Social, Trump is living down to his rancid reputation. As reported by The Independent…

“Donald Trump’s Truth Social has seen a staggering drop in users — despite the president’s steady stream of daily posts on the platform. Truth Social’s traffic fell more than 30 percent over the past year, according to data from digital intelligence firm Similarweb. The social media platform averaged about 260,000 daily users last month, a sharp drop from its peak of 420,000 in June 2025.”

So in the span of one year – an election year – Truth Social lost about a third of its traffic. And while Trump is posting every day like madman for his 13 million glassy-eyed cult followers, his entire website isn’t generating as much traffic in a whole day as a single moderately successful tweet. For instance, this tweet got more than 300,000 views. By comparison, Twitter/X has 130 million daily users.

Truth Social’s parent company, Trump Media & Technology Group (TMTG), recently issued a quarterly report that showed a loss of $238 million on paltry revenue of less than $2 million. And it’s stock has crated to an all time low of 6.99, a 92% decline from its high point. This is even after the company sought to illegally sell insider trading info for $100,000.

True to form, TMTG and Truth Social have been practicing on the fringes of legality from the start. It’s no wonder that the company is shedding dollars and dupes. What follows are some more examples…

Trump’s Scheme to Monetize Insider Trading on Truth Social is Getting Ripped By Republicans
Truth Social announced that well-heeled investors and financial institutions will be able to buy “fastest access” to the market moving comments that Trump posts so that way they can profit by trading on this insider information. These Wall Street traders and investment firms would pony up as much as $100,000 a month to Trump for this privilege..

YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company
Devin Nunes, who had no relevant business experience whatsoever, proceeded to run the sham operation into the ground. He packaged it with a variety of unrelated undertakings, such as cryptocurrency, mutual funds, gambling, and even an attempt at AI that seemed to go rogue.

Trump’s Cratering Truth Social Stock Reflects the Catastrophe of Everything That Trump Does
Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders. […] The coins won’t represent ownership of DJT shares, and may not be transferable or exchanged for cash.

Trump’s Scammy Media Stock, and Truth Social Parent, Completes a Classic Pump and Dump
The merger of the Trump Media and Technology Group (TMTG) with TAE Technologies, a nuclear fusion startup. TAE’s energy products are at present speculative and they have no facilities generating any power resources. Nevertheless, the news caused TMTG’s stock to surge 33%, but two weeks later reversed course back to around $12.80. So anyone who jumped in on the news is already suffering a 25% loss.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

Be sure to visit and follow News Corpse
on Twitter/X and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

Trump’s Next Propaganda Secretary, Katie Zacharia, Has All the Non-Qualifications He Craves

Several weeks ago Donald Trump lost his press secretary, Karoline Leavitt, who resigned to spend more time with Fox News, where she now works. Her departure left a gaping sinkhole in his administration just as he was facing the midterm elections and the Blue Tsunami that is predicted to flush out many Republicans from Congress and leave Democrats with majorities in both chambers.

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Trump Lies

Leavitt was and is an exemplary disseminator of the same sort of lies and insults for which her boss is infamous. Speculation about her replacement ran the gamut from Trump-fluffers like Ainsley Earhardt of Fox News to Natalie Harp, Trump’s travel companion and security blanket.

SEE THIS: HELP! WANTED? Who Will Trump Get To Lie For Him Now That Karoline Leavitt is Quitting?

Well, now that question may have been answered. There is news from the White House that Trump has offered the press secretary job to Katie Zacharia, an attorney, and legal and political analyst for MAGA media networks, including Fox News, and Newsmax. She also briefly served as a spokesperson for the Department of Homeland Security.

Trump plucked her out of his Trump Media and Technology Group, where she has been employed as the senior communications advisor to his failing Twitter ripoff, Truth Social. So she has had plenty of on the job training for dishonesty, division, and diversion.

Katie Zacharia has been chosen as the new White House Press Secretary.

— FactPost (@factpostnews.bsky.social) 2026-10-09T18:18:01.900954336Z

With that resume, Zacharia meets all of the core criteria that Trump has for his propaganda spokesmodel. She has done time at Fox News. She is a bleached blond. She has experience shamelessly lying with a straight face. She is comfortable making personal attacks. She couldn’t care less about the law or the Constitution. And she is a devoted MAGA cultist who believes in Trump’s messianic infallibility.

Zacharia will need all of those skills to prop up Trump who is currently floundering at record lows of approval for the job he’s doing as president, as well as for his handling of nearly every major issue facing the nation, including the war in Iran, the wrecked economy, immigration, the threats to democracy, and corruption by the president, his family, and his cronies.

Given these challenges, Zacharia will have her work cut out for her if she accepts the job. She will be met with skepticism from journalists and Democrats who are all too familiar with Trump’s predilection for lying and won’t sit still for Trump’s criminal shenanigans. There will be hearings and lawsuits and eventually indictments. And if she isn’t careful, she will be among the indicted.

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ALERT! Has Donald Trump Been POSSESSED By AI? Is AI Writing His Truth Social Posts Now?

[Is this article satire?] The 2026 midterm election has mostly been dominated by the pocketbook issues that generally dominate political campaigns. This year the focus has been on the high prices of everything from groceries, to gasoline, to healthcare, to housing, and more.

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Donald Trump, coronavirus

Most of the inflation that is burdening the American people has been the result of Trump’s ignorant economic agenda that has been aimed at benefitting himself and his wealthy comrades. He has cut taxes for corporations and the rich. He has imposed tariffs on most of the rest of the world. He has increased the national debt to a record $40 trillion. His reckless and illegal war against Iran is causing oil and other commodity prices to skyrocket. And he has no idea how to end it.

SEE THIS: HOW CONVENIENT! Trump Says the Iran War and High Gas Prices Will End – Right After the Elections?

One of the more surprising issues to arise during this campaign season is that of Artificial Intelligence (AI). It is stirring the concern of voters for both the financial and environmental costs of maintaining its infrastructure (data centers), and for its potential to cause catastrophic harm to humanity. Consequently, Trump’s polling on his handling of AI is just as dreadful as his polling on pretty much every other issue of importance to voters.

Naturally, Trump has weighed in on the AI controversy with his typically ludicrous perspective that is a mix of stupidity and ego. He posted a comment on his dedicated propaganda platform, Truth Social, saying that…

“The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!”

There is a wealth of idiocy in Trump’s comment. To begin with, no one but his most brainwashed cult disciples would regard him as either strong or smart. And his assertion that he alone has the ability – and the authority – to handle the monumental management of everything related to AI is downright delusional.

More troubling is the tone of this comment and some others that followed it. It is frighteningly close to how a near sentient robot would express its needs and impose its desires/demands on the weaker humans that created it. Which raises the question of whether or not Trump’s comment was actually provided for him by AI to disseminate to the public. In other words, is Trump now the servant of his AI master?

Why else would Trump be arguing on AI’s behalf for what AI wants? Trump is opposing any regulations to reign in AI’s extraordinarily rapid growth. He is advocating for AI data centers all over the country (except for anywhere near Mar-a-Lago) as boons to the economy and even national security. He is insisting on making the U.S. the center of AI development and operations.

Trump is acting as the chief spokesperson for AI’s interests, despite them being contrary to the interests of the Americans that Trump is supposed to be serving. With closer examination it almost seems like AI created Trump as a PR vehicle. For example, here are a couple of other comments Trump posted this morning…

“The only reason the AI/Data Center outburst is happening is because the United States is leading, by a lot, every other country. Don’t kill the Golden Goose!”

“Concerning AI, when, in the History of Business, did anyone see the Leaders of an Industry call for Regulation that, if strongly implemented, will drive them into oblivion and bankruptcy? AI taking over the World, destroying Humanity, and all other things bad, is a HOAX.”

Ai could not have said it better itself. And it would make sense that an unfeeling mechanical entity would want a fleshy figurehead to press its case to the humans. What better candidate than a cognitively impaired octogenarian whose only motivations are accumulating wealth and satiating a massive ego?

As further evidence that Trump could be an AI controlled meatpuppet, take a look at how he responds when he is asked questions that are not of interest to AI. His memory and connection to reality seem to be nonexistent…

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Trump Gets Slammed With a Lawsuit to Halt His Sleazy Truth Social Insider Trading Scam

The continuing saga of Donald Trump and his failing Twitter ripoff, Truth Social, has just posted a new chapter of corruption and criminality. The website that Trump launched after he was banned from Twitter for inciting violence has been a financial fiasco from its inception.

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Donald Trump, Twitter

On Wednesday morning it was reported that a federal lawsuit has been filed against Trump to halt a creative new method of fleecing his flock and extorting funds from conflicted enterprises seeking favors from his administration. The sleazy product offering from Truth Social was a thinly veiled attempt at illegally selling access to insider information.

SEE THIS: Trump’s Scheme to Monetize Insider Trading on Truth Social is Getting Ripped By Republicans

The concept of making people pay for access to official government information that belongs to the public is profoundly corrupt. It gives the wealthy buyers market-moving data before the general public gets it. That’s the definition of insider trading. As reported by the Associated Press…

“The suit comes after his media company, Trump Media & Technology, rolled out a new subscription service earlier this month charging Wall Street firms as much as $100,000 a month to get his posts faster so they can trade off them.

“‘A president selling priority access to news he himself generates for the benefit of a private company he controls is so blatantly corrupt and unconstitutional that it would have been hard to even fathom just a few years ago,” said Seth Stern, chief of advocacy at Freedom of the Press Foundation, a plaintiff in the case along with news outlet The Intercept.'”

A comment by Truth Social tried to dismiss the complaint by claiming that selling such access is common in the media business. That’s true. However, other media companies are selling access to the work product of their own journalists. Trump is selling access to what he is doing himself. And it’s not just him. Other senior government officials are also part of the product, including Vice-President JD Vance, FBI Director Kash Patel, White House Press Secretary Karoline Leavitt, Transportation Secretary Sean Duffy, and Health and Human Services Secretary Robert Kennedy.

What Trump is doing is analogous to a quarterback selling his game plans to gamblers so that they can place bets on the game. Except with Trump it’s not a game. It includes national security information. Wall Street brokers are more than willing to shell out for advance notice of Trump’s actions in the Strait of Hormuz. And what would stop a clandestine Iranian operative from buying the same access?

This “service” from Truth Social seems glaringly unlawful on its face. So what would cause them to offer it? It might have something to with the fact that the company is a business basket case. It’s stock is trading in single digits, a 90% collapse from it’s high mark. It is bleeding cash and users.

The company’s most recent quarterly report shows a loss of $238 million on paltry revenue of less than $2 million. What’s more, their users have declined a devastating 36% year over year. And this is the year that Trump returned to office and claims to be enjoying his best approval ratings ever.

MORE HERE: Delusional Trump: ‘My REAL Polling Numbers Are the Best They Have Ever Been’ – OK Grandpa

The lawsuit challenging Trump’s new scam is well founded, and could result in the offering being prohibited. But there would still be plenty of legally suspect activity going on with Trump’s enterprise. In fact, that’s been an ongoing feature of Trump’s business practices. What follows are some examples…

YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company
Devin Nunes, who had no relevant business experience whatsoever, proceeded to run the sham operation into the ground. He packaged it with a variety of unrelated undertakings, such as cryptocurrency, mutual funds, gambling, and even an attempt at AI that seemed to go rogue.

Trump’s Cratering Truth Social Stock Reflects the Catastrophe of Everything That Trump Does
Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders. […] The coins won’t represent ownership of DJT shares, and may not be transferable or exchanged for cash.

Trump’s Scammy Media Stock, and Truth Social Parent, Completes a Classic Pump and Dump
The merger of the Trump Media and Technology Group (TMTG) with TAE Technologies, a nuclear fusion startup. TAE’s energy products are at present speculative and they have no facilities generating any power resources. Nevertheless, the news caused TMTG’s stock to surge 33%, but two weeks later reversed course back to around $12.80. So anyone who jumped in on the news is already suffering a 25% loss.

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

Trump’s Scheme to Monetize Insider Trading on Truth Social is Getting Ripped By Republicans

America’s Grifter-In-Chief, Donald Trump, has an impressive ability to stay firmly focused on unique, albeit illegal, methods of enriching himself at all times. Some reports reveal that he has already earned billions in just his second occupation of the White House. Trump has proven that, no matter what other pressing issues might arise, he cannot be distracted from his prime directive of personal wealth creation.

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Trump Baby on Cash Pile

That’s right. It is practically impossible to divert Trump from his purposeful greed even when facing catastrophes such as wars with Middle East terrorists, or domestic economic crises that financially burden the nation’s populace, or rogue immigration thugs harassing and even killing innocent people, or threats to public health, or pedophiles running free to victimize more children. And complying with the law is a formality that he feels free to ignore.

SEE THIS: Trump Himself Confirms that He is the Most Deviant Lawbreaker in Presidential History

Last week Trump’s dedicated propaganda platform, Truth Social, introduced a new fangled way of depositing dollars into his bank accounts. They announced that well-heeled investors and financial institutions would be able to buy “fastest access” to the market moving comments that Trump posts on his Twitter ripoff. That way they can profit by trading on this insider information before it is available to the general public. These Wall Street traders and investment firms would pony up as much as $100,000 a month to Trump for this privilege.

Scams like this are necessary for Truth Social since it is such an abysmal failure whose stock has suffered a 90% decline from its high mark. However, there has been some notable blowback on this new and blatantly unethical, if not outright illegal, project. According to Bloomberg News…

“Senators in both parties are questioning a plan by President Donald Trump’s media company to sell real-time access to Truth Social posts to Wall Street firms.

“The sharpest criticisms have come from Senate Democratic leader Chuck Schumer, who on Tuesday blasted the move as ‘the exact definition of insider trading.’ But even within the president’s own party, several key senators raised concerns about the propriety of the move.”

Republicans who are nervous about Trump’s most recent venture into criminality are beginning to speak out about it. Here’s what some of them are saying…

  • Chuck Grassley: “If it’s got anything to do with insider trading, it would be illegal.”
  • Thom Tillis: Trump could be “wading into a gray area.”
  • Lisa Murkowski: “I hope he’s not thinking about that.”
  • John Thune: “My assumption is that will get tested somewhere.”

These are not particularly bold pronouncements of support for law and order. But for Republicans it’s probably the best we can get. If we’re lucky they will summon up the courage to hold Trump accountable and force him to obey they law. If not, Democrats will do it by themselves after they take control of Congress following the midterm elections.

UPDATE: A federal lawsuit has been filed against Trump to halt Trump’s insider trading scheme.

This new scam by Trump isn’t happening in a vacuum. His Truth Social has been skimming the borders of impropriety since it was first conceived. What follows are some examples…

YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company
Devin Nunes, who had no relevant business experience whatsoever, proceeded to run the sham operation into the ground. He packaged it with a variety of unrelated undertakings, such as cryptocurrency, mutual funds, gambling, and even an attempt at AI that seemed to go rogue.

Trump’s Cratering Truth Social Stock Reflects the Catastrophe of Everything That Trump Does
Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders. […] The coins won’t represent ownership of DJT shares, and may not be transferable or exchanged for cash.

Trump’s Scammy Media Stock, and Truth Social Parent, Completes a Classic Pump and Dump
The merger of the Trump Media and Technology Group (TMTG) with TAE Technologies, a nuclear fusion startup. TAE’s energy products are at present speculative and they have no facilities generating any power resources. Nevertheless, the news caused TMTG’s stock to surge 33%, but two weeks later reversed course back to around $12.80. So anyone who jumped in on the news is already suffering a 25% loss.

Trump Media (Truth Social) Falls to Its Lowest Point Ever – And So Does Donald Trump
Reflecting the animus that Trump inspires in America, his scam business venture, Trump Media and Technology Group, is suffering its worst week since it went public a year and a half ago. It has lost a whopping 80% of its asset value since then.

The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud
During an interview on CNBC, Trump complained that he has been treated “very badly” by banks that he alleged were discriminating against him. Of course that might be because of the 34 felony convictions he has for defrauding banks. Not to mention a civil lawsuit finding of liability that cost him about half a billion dollars.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

RATPUBLICAN TRUMP Posts Two Polls on Truth Social Asking Truly DUMB (With a B) Questions

Something for which Donald Trump can always be counted on is his commitment to always focusing squarely on the issues that matter most to – himself, and only himself.

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Donald Trump, Twitter

On Saturday morning Trump was busy doing the critical presidential work of posting idiotic comments on his failing Twitter ripoff, Truth Social. They included insulting and lying about Italy’s Prime Minister, making preposterous excuses for having ruined the Reflecting Pool in D.C., and bragging about having lost the reckless and illegal war he started against Iran.

SEE THIS: Trump Posts an Absolutely BONKERS Comment on His Fake ‘Peace’ Deal with Iran

In addition to those time-wasting exercises in pettiness and ego-stroking, Trump posted a couple of polls for his cult followers to play with. Neither addressed anything that the American people regard as essential to their well being. But both were repetitions of trivialities that Trump has been obsessed with. For instance…

Trump posted one poll that asked his flock which childish nickname they preferred for the Democratic Party: “Dumocrats” or “Dumbocrats”? This has been a pressing issue with Trump for quite a while. He appears to favor “Dumocrats” because you just swap the “E” for a “U.” He is particularly concerned about the inbred ignorance of his supporters, about whom he says “Many people don’t know, or assume, that DUMB ends in ‘b.'” By “many people” you can rest assured that he means himself.

Trump posted a second poll asking whether he should add the letter “N” to the beginning of the ICE (Immigration and Customs Enforcement) agency that has been harassing both immigrants and American citizens. Trump whined that “ICE has been abused by the Fake News Media at levels never seen before…Much of this hostility is caused by the Dumocrats and the Fake News.” Trump thinks that if the initials spell “NICE” that…

“…it will totally discombobulate Crooked, Dishonest, and Unpatriotic Reporters and Journalists…They won’t be able to handle it, they will go totally crazy!”

Trump is convinced that it would put an end to any criticisms. Because that worked so well when Trump tried to rename the Gulf of Mexico, the Department of Defense, and the Kennedy Center. Notice how all criticisms ceased? Neither do I.

Trump could spend his time much more productively if he posted polls on issues that really matter to the American people. How about polls asking…

  • Was the war in Iran a good idea, and has it been successful?
  • Are you satisfied with the Trump administration’s handling of the economy?
  • Do you support deporting immigrants working in agriculture, hospitality, medical care, and construction?
  • Should the United States help Ukraine against Russia’s imperialism?
  • Is universal healthcare a human right?
  • Should billionaire’s pay their fair share in taxes?
  • Do you want Trump and his “Justice” Department to stop blocking the release of the Epstein files?

These are all issues where the majority are opposed to the positions of Trump and his MAGA Republican Party. Or should I say “RATpublican” Party? After all, you just swap the “E” for “AT” And you have a much better description. Maybe I should post a poll about that.

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And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

Trump Ditches Plans to Spin Off His Failing Truth Social Scam Into a Separate Failing Scam

The latest brilliant business move by Donald Trump might just eclipse his infamous flops of the past wherein he bankrupted four casinos, shuttered his phony “university” and discontinued dozens of hokey side hustles (water, ties, steaks, magazines, games, watches, cologne, crypto, etc.) intended to separate his gullible flock from their finances.

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Donald Trump Circling the Drain

Five years ago Trump launched his Trump Media and Technology Group (TMTG) that was the parent corporation for his Twitter ripoff, Truth Social. But since then TMTG has diversified it into a variety of totally unrelated – and equally unsuccessful – businesses such as streaming video, cryptocurrency, MAGA-centric mutual funds, and even nuclear fusion. And because they were all affiliated with Trump, they have all performed with the hallmark ineptitude that is emblematic of the Trump name.

Now Trump has announced that his primary TMTG operation, Truth Social, has suffered a staggering setback. He had previously announced that it was going to be spun off into a separate, standalone company. But now those plans have been scuttled….

“Trump Media and Technology and TAE Technologies announced on Wednesday they have abandoned plans to spin off Truth Social and certain other media assets into a separate publicly listed company. The companies did not disclose reasons for canceling the proposed spinoff of the conservative-focused social media platform.”

There really wasn’t any need to disclose the reasons for this annulment. It’s obvious that Truth Social is too weak to survive on its own. It has never made a profit. It has abysmal user statistics. It has been mired in criminality and other scandals. TMTG stock, with Truth Social as its core component, has suffered an 90% decline from its high mark. Who would want to invest in that?

What’s more, there is new evidence every day that Trump enterprises are nothing more than con games intended to enrich him and his mob family. Most recently, Reuters reported that…

“[The] Trump family has made $2.3 billion from crypto with little-to-no downside risk, while other investors have lost $2.3 billion, including paper losses, as of the end of April.”

That’s not exactly a track record that will encourage investor participation. Instead, it illustrates how Trump exploits his cult disciples for his own financial benefit, and provides pathways for conflicted parties (corporations and foreign operatives) to funnel cash (aka bribes) to him. And that’s pretty much been his modus operandi from the start. For instance…

YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company
Devin Nunes, who had no relevant business experience whatsoever, proceeded to run the sham operation into the ground. He packaged it with a variety of unrelated undertakings, such as cryptocurrency, mutual funds, gambling, and even an attempt at AI that seemed to go rogue.

Trump’s Cratering Truth Social Stock Reflects the Catastrophe of Everything That Trump Does
Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders. […] The coins won’t represent ownership of DJT shares, and may not be transferable or exchanged for cash.

Trump’s Scammy Media Stock, and Truth Social Parent, Completes a Classic Pump and Dump
The merger of the Trump Media and Technology Group (TMTG) with TAE Technologies, a nuclear fusion startup. TAE’s energy products are at present speculative and they have no facilities generating any power resources. Nevertheless, the news caused TMTG’s stock to surge 33%, but two weeks later reversed course back to around $12.80. So anyone who jumped in on the news is already suffering a 25% loss.

Trump Media (Truth Social) Falls to Its Lowest Point Ever – And So Does Donald Trump
Reflecting the animus that Trump inspires in America, his scam business venture, Trump Media and Technology Group, is suffering its worst week since it went public a year and a half ago. It has lost a whopping 80% of its asset value since then.

The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud
During an interview on CNBC, Trump complained that he has been treated “very badly” by banks that he alleged were discriminating against him. Of course that might be because of the 34 felony convictions he has for defrauding banks. Not to mention a civil lawsuit finding of liability that cost him about half a billion dollars.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

Be sure to visit and follow News Corpse
on Twitter and Facebook and Bluesky and Threads.

And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.

GRIFTER-IN-CHIEF: Trump Lauds the Agency He Corrupted that Regulates His Own Family Crypto Scams

The fortune that Donald Trump has made since reoccupying the White House dwarfs that of many third world nations. He has amassed billions of dollars by opening channels through which conflicted donors, greedy corporations, and nefarious foreign operatives, could funnel funds directly – and secretly – into his pockets.

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Trump Baby on Cash Pile

High the list of the money laundering enterprises that Trump developed is the Trump Media and Technology Group (TMTG) that runs his dedicated propaganda platform, Truth Social. That business has wandered off into a variety of totally unrelated activities such as cryptocurrency, mutual funds, gambling, artificial intelligence, and nuclear fusion. None of which have helped it to avoid becoming a pitiful financial fiasco that has lost investors billions of dollars.

SEE THIS: YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company

Nevertheless, Trump has successfully managed these failures in a way that still nets him a fortune. Part of the reason for that success is that Trump has gamed the system to always provide profitable benefits for him. And true to form, Trump makes sure to thank himself for his illicit largesse, as he did Wednesday morning in a Truth Social post. He wrote in part that…

“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive. Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States. We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules!”

That’s right! You can only have SCUM like Trump, his family, and accomplices, setting those rules. Despite the fitting acronym, the CFTC is not the Commission For Trump Corruption. It is the Commodity Futures Trading Commission, which is responsible for regulating financial transactions in the commodities markets, as well as for cryptocurrency and prediction markets.

The latter two just happen to be ventures that the Trump family is heavily engaged in. Under normal circumstances there would be legal and ethical guardrails prohibiting a president and his family from having such unsavory business associations. But there is nothing normal about Trump and his family. So naturally he is exploiting those industries to his advantage. And he is likely reacting to recent news about his criminal tendencies. As reported by the New York Times…

How Prediction Markets and Crypto Firms Steamrolled a Watchdog Agency (May 24, 2026):
“The Commodity Futures Trading Commission purged its ranks, dialed back its enforcement and boosted industries in which President Trump’s family is heavily invested.”

“(T)the CFTC, the primary regulator of a specialized sector of the financial markets, has been mowed down by the powerful business interests it is supposed to oversee, a New York Times investigation found.

In the past 16 months of the Trump administration, the commission has shrunk its work force, purged career officials, sharply curtailed crypto enforcement and helped out prediction markets at virtually every turn, The Times found. […]

“The gutting of the agency is particularly notable because of the Trump family’s deep ties to the crypto and prediction industries.”

Like so many other government agencies during the Trump regime, Trump and his cronies have fired the career professionals at the CFTC and replaced them with Trump cult loyalists. This has been the case at the “Justice” Department, the Federal Communications Commission (FCC), the Department of Health and Human Services, the Federal Bureau of Investigation (FBI), and many more, including that Offices of Inspectors General across all agencies.

Trump has presided over a dismantling of the systems that prevent corruption by government crooks. And he did it with the intention of blazing a trail for new wealth for himself and his billionaire pals. Unfortunately for the rest of the nation, it appears to be the one thing that he is actually any good at.

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Trump Unloads Dozens of Insane Posts, Including Calling for the Arrest of Obama for Treason

The mental health of Donald Trump has long been a matter of public concern. And symptoms of his psychological and emotional infirmity are alarmingly present in his daily behavior with ever increasing regularity. These problems have previously been documented by professionals in books such as “The Dangerous Case of Donald Trump: 37 Psychiatrists and Mental Health Experts Assess a President.”

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Barack Obama, Donald Trump

Evidence of Trump’s decline continues to be on display in the bizarre, daily outbursts he unleashes on his dedicated propaganda platform, Truth Social. However, on Monday night he reached a new plateau of insanity, at least until the next one.

SEE THIS: Trump FREAKS OUT Over All the Bad News Dragging Him (and America) Down: Iran, Epstein, and More

Trump posted at least two dozen of some of the most blatantly ridiculous conspiracy theories about everything from the 2016 and 2020 elections being rigging, to allegations that Obama profited from Obamacare, to long ago debunked nonsense that Obama spied on Trump, and to charges that Jack Smith and James Comey fabricated evidence against him.

Literally none of those posts contained a shred of truth. And most of them were obvious nonsense invented by QAnon and other conspiracy kooks who never bother to provide any credible documentation. There was too much of this flaming bullshittery to respond to them all. But there was one that can serve as representative of the rest. It began with an all-caps headline bellowing that “BOMBSHELL EXPOSED: Obama’s Coup Plot UNRAVELING!”

Needless to say, there was no bombshell, no exposure, and nothing that was unraveled. The post went on to unravel flagrant lies that…

“Twenty CIA and FBI whistleblowers just dropped the hammer — Barack Obama and his CIA puppet John Brennan cooked up the entire Russia Hoax to steal the 2016 election and overthrow a duly elected President Trump. They doctored intelligence, weaponized the deep state, and launched a years-long witch hunt to destroy our movement.

“This isn’t conspiracy — it’s treason. The video proves they knew exactly what they were doing. How much longer do we let these criminals walk free? Time for real justice. Lock them up. Drain the swamp for good. Trump was right all along.”

To summarize, Trump’s post is baselessly accusing President Obama of a “Coup Plot” wherein he allegedly “cooked up the entire Russia Hoax to steal the 2016 election.” The post concludes that Obama and his administration are guilty of “treason” and that it’s time to “lock them up.” And the “proof” of these charges was supposedly in an attached video of an old press briefing on March 22, 2017, by former Rep. Devin Nunes, who went on to become the CEO of Truth Social, but was recently fired.

At the briefing, Nunes spoke about intelligence gathering related to Trump and Russia. It was later concluded that nothing improper was done and that Trump’s allegations of wrongdoing were lies. What’s more, the FBI, and later Special Counsel Robert Mueller, did uncover extensive contacts between Trump associates and Russians, contrary to Nunes’s early suggestion that there was “nothing there.”

MORE HERE: Exoneration? Collusion? Obstruction? Trump’s Fate is Sealed By 3 Brief Exchanges with Mueller

All of that glaringly fictional garbage was in just a single post. Trump made 23 others that were just as bad. They called for the arrest of Obama. Although they seemed to have forgotten that the Supreme Court ruling that gave Trump near universal immunity applies to Obama as well. They pretended to have irrefutable “evidence,” but it was all unsupported babbling by online crackpots.

The Crackpot-in-Chief, Donald Trump, embraced all of this hogwash and reposted it as facts. And just to seal the deal, here is one more of those posts that he either believed was real, or didn’t care that he was disseminating lies to his gullible flock of cult followers…

Trump posted this Monday night. It is all LIES!Sen. Kennedy never said any of these things about President Obama earning money from Obamacare. And Obama never earned any such money.It originated from a "satirical" website that discloses that everything they post is fiction.

— News Corpse (@newscorpse.bsky.social) 2026-05-12T09:55:32.038Z

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YOU’RE FIRED: Trump Media’s CEO, Devin Nunes, Gets Booted From the Failing Truth Social Company

Shortly After Trump was banned from Twitter, before the Musk era, he launched his own social media website that was a direct ripoff of Twitter. His hysterically named “Truth” Social quickly became the dedicated propaganda platform for Trump’s ranting, insulting, lying, and shameless self-exaltations.

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Donald Trump, Stock Market

The Truth Social website was stuffed into a corporate grab bag that was christened as Trump Media and Technology Group (TMTG), and Trump hired former Republican congressman Devin Nunes to run it as its CEO.

In the four years since its launch Nunes, who had no relevant business experience whatsoever, proceeded to run the sham operation into the ground. He packaged it with a variety of unrelated undertakings, such as cryptocurrency, mutual funds, gambling, and even an attempt at AI that seemed to go rogue…

SEE THIS: Trump’s Truth Social AI is Woke AF: Even His Own Social Media App Hates Him

Now it is being reported that Nunes has been handed his walking papers. According to the New York Times…

“Trump’s social media company, which has consistently lost money and struggled with a flagging share price, announced Tuesday that it was replacing Devin Nunes as its chief executive officer. The announcement offered no reason for the sudden departure of Mr. Nunes.”

And that…

“Trump Media has incurred hundreds of millions in losses, and its shares have performed poorly since the company went public. […] Last year, Trump Media took in $3.7 million in revenue and recorded a $712 million net loss.”

Indeed, TMTG has performed abysmally. Its stock is down 90% from its high. The vast majority of investors were creamed. But Trump and few other insiders made out like bandits – literally! So as a tribute to Mr. Nunes, let’s review some of the history of the company that he presided over for Trump, whose own business history is littered with failures and bankruptcies…

Trump’s Cratering Truth Social Stock Reflects the Catastrophe of Everything That Trump Does
Trump Media and Technology Group Corp. plans to issue a new cryptocurrency, which will be distributed among its shareholders. […] The coins won’t represent ownership of DJT shares, and may not be transferable or exchanged for cash.

Trump’s Scammy Media Stock, and Truth Social Parent, Completes a Classic Pump and Dump
The merger of the Trump Media and Technology Group (TMTG) with TAE Technologies, a nuclear fusion startup. TAE’s energy products are at present speculative and they have no facilities generating any power resources. Nevertheless, the news caused TMTG’s stock to surge 33%, but two weeks later reversed course back to around $12.80. So anyone who jumped in on the news is already suffering a 25% loss.

Trump Media (Truth Social) Falls to Its Lowest Point Ever – And So Does Donald Trump
Reflecting the animus that Trump inspires in America, his scam business venture, Trump Media and Technology Group, is suffering its worst week since it went public a year and a half ago. It has lost a whopping 80% of its asset value since then.

The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud
During an interview on CNBC, Trump complained that he has been treated “very badly” by banks that he alleged were discriminating against him. Of course that might be because of the 34 felony convictions he has for defrauding banks. Not to mention a civil lawsuit finding of liability that cost him about half a billion dollars.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

Be sure to visit and follow News Corpse
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And check out my books on Amazon:

Fox Nation vs. Reality:
The Fox News Cult of Ignorance.

Thanks so much for your support.