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00:00The internet is not happy with Melania Trump after lawsuit alleges her crypto meme is fraud.
00:07Melania is a big-time grifter.
00:09All members of the Trump family have been accused of being grifters,
00:13from the president himself to his wife, Melania, and his son, Donald Jr.
00:19However, with her most recent product for sale,
00:22Melania might have proven herself the biggest grifter of them all.
00:26The first lady announced the release of her crypto meme, Melania Meme, a digital collectible, back in January,
00:34and now crypto traders have launched a lawsuit claiming the meme coin is a fraud.
00:39Shortly after her husband's inauguration earlier this year,
00:43Melania took to her ex-account to announce the release of her meme coin.
00:47The official Melania meme is live, she wrote.
00:51You can buy Melania now.
00:53She also attached a link, MelaniaMeme.com, that explains exactly what it is she's selling.
01:00Melania memes are digital collectibles intended to function as an expression of support for and engagement with
01:07the values embodied by the symbol Melania, the website description reads.
01:13One Melania meme costs you a whopping $235.21.
01:18However, a lawsuit recently brought by cryptocurrency traders now alleges that Melania's meme coin,
01:26along with a few others, is part of a fraudulent pump-and-dump scheme that manipulated the coin's
01:31release to personally enrich their developers and causing others to lose their investments.
01:37The lawsuit does not allege that Melania had anything to do with orchestrating the fraud,
01:42rather calling her a window-dressing to the fraud scheme by lending her credibility with her endorsement.
01:49Regardless of her role in the fraud scheme,
01:51online social media users are still furious with the First Lady for grifting for money in the first place.
01:59When the news of the lawsuit came out,
02:01individuals took to X to share their thoughts.
02:04No surprise.
02:05One person tweeted.
02:07Trump crime family always involved in fraud scamming.
02:11Melania Trump is a big-time grifter.
02:14It's wild how the U.S. is starting to feel like 90s Russia.
02:18One person pointed out.
02:19Politically-backed pyramid schemes are here.
02:21What's next?
02:22The scammiest first family ever, one user added.
02:26Not sure how this helps the crypto space at all,
02:28a final user posted.
02:30This is an embarrassment for the United States.
02:35The scammiest first family ever, one user added.
02:36The scammiest first family ever, one user added.
02:37The scammiest first family ever, one user added.
02:38The scammiest first family ever, one user added.
02:39The scammiest first family ever, one user added.
02:40The scammiest first family ever, one user added.
02:41The scammiest first family ever, one user added.
02:42The scammiest first family ever, one user added.
02:43The scammiest first family ever, one user added.
02:44The scammiest first family ever, one user added.
02:45The scammiest first family ever, one user added.
02:46The scammiest first family ever, one user added.
02:47The scammiest first family ever, one user added.
02:48The scammiest first family ever, one user added.
02:49The scammiest first family ever, one user added.
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