--- title: "Trump Family Aghast That Grifters Made a “TrumpCoin” Cryptocurrency" description: "This just in: the Trumps are mad that people are using their name to make money off of unwitting rubes. " date: "2022-01-25" modified: "2022-01-25" authors: - name: "Noor Al-Sibai" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/nooralsibai" url: "https://futurism.com/the-byte/trumpcoin-crypto" categories: - "Blockchain" - "Cryptocurrency" - "Future Society" tags: - "crypto" - "the blockchain" - "the digest" - "trump" --- # Trump Family Aghast That Grifters Made a “TrumpCoin” Cryptocurrency ![This just in: the Trumps are mad that people are using their name to make money off of unwitting rubes. ]() *\Image: Futurism\* ## Coin Con This just in: the Trumps are mad that people are using their name to make money off unwitting rubes. "Fraud Alert," tweeted Eric Trump on Monday morning, noting very authoritatively on behalf of his family that they've just become aware of a Trump cryptocurrency that is unaffiliated with his father, former president and "Apprentice" star Donald Trump. "Legal action will be taken," the ex-president's [largest son]() added. https://twitter.com/EricTrump/status/1485700519448432646 Though the Trump family just found out about their eponymous coin, it has, [according to the TrumpCoin FAQ](), existed since February 2016 (which was six years ago, if you want to feel old). "Our community will use TrumpCoin as a worldwide fundraiser and support tool for Patriots that have been forgotten during this pivotal time," the self-described "non-profit volunteers" behind the coin added further down the FAQs page. https://twitter.com/readDanwrite/status/1485784546423578626 ## Gift for Grifts The anonymous group behind TrumpCoin [has never claimed to be affiliated with the Trump family or brand](), though people "[in the TrumpCoin community]()" are excited by the ex-president's son's tweet, hoping it will bring more attention to the currency that's [currently valued at about a $0.25](). Ironically, the coin has, [according to *New York Times* disinformation reporter Stuart Thompson](), been subject to its very own scam: people selling physical Trump coins and calling them crypto. Thompson noted that these fake ads have "[annoyed]()" those who back TrumpCoin, and that they've regularly had to fend off requests to trade the physical coin for the cryptocurrency, which is "impossible." https://twitter.com/RonFilipkowski/status/1485701191086575620 The whole story is reminiscent of Trump's bombastic presidency itself: a shady group claiming to promote "patriotism" and taking peoples' money to do so — there's even a whole "Patriot Exchange" crypto market that alleges, in garbled grammar, to sell bespoke coins — which has subsequently been subject to its own disinformation campaign by yet another sketchy group. It would be much easier to laugh at and write off this poorly-performing currency if, like Trump himself, it didn't represent the bottom tier of grievance politics. But hey, at least buying crypto doesn't count as casting a ballot. **More Trumpworld-meets-crypto:** [Steve Bannon Is Key Player In New Cryptocurrency. What Could Go Wrong?]() \[*HuffPost*\] **But wait, there's more:** *[Trump's Former Lawyer is Selling his Prison Badge as an NFT]()* ## Author At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow. ### Author social links [Bluesky]()