The MeidasTouch Podcast - Is Barron Trump EMBROILED in $300 MILLION CRPYTO SCAM?!!

Episode Date: June 23, 2024

MeidasTouch host Ben Meiselas reports on news that Donald Trump’s son Barron is being called out by Martin Shkreli for being involved in a bizarre crypto coin called DJT. Thanks to Henson Shaving! Visit https://HensonShaving.com/MEIDAS to pick the razor for you and use code MEIDAS for 2 years worth of free blades! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane  Learn more about your ad choices. Visit megaphone.fm/adchoices

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charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. So here's a really strange thing that's been developing. The question is, is Barron Trump It was completely dismissed as some wild conspiracy. But then Martin Strichelli, remember pharma bro Martin Strichelli? He then went out, who did time in jail for felony fraud, and he then went out and then he said that he's involved with this coin and that he worked with Barron. And he claims that he has 1,000 pieces of evidence linking Barron to this coin, this kind of pump and dump crypto coin. And he went out there and he's been saying that over and over again. And we have not really had any forceful denials from Melania. And Melania is someone who would usually go out there when it comes to Barron right away,

have her press people put out a statement saying Barron's not involved in this. I mean, you remember, for example, when there was news that Barron was going to be a Florida Republican delegate for Donald Trump. And then the office of Melania put out a statement right away saying that, no, he's not. And he's too busy to be involved in this. Look, Barron's an adult now, young adult. He's 18 years old. His name is being thrown around as being involved in this thing you would just think that there would be some sort of forceful statement if his name is being put out like that it's why

I want to be very careful in this report of course about you know making any definitive comments I mean it's unclear it's unproven We can't specifically link this to Barron. I want to be very clear about that. There are a lot of people speculating who's behind this mysterious DJT coin. Martin Scherkelli is claiming that the ownership lies with Barron and that he was helping Barron to pull this thing off. I think this comment right here is one that resonated with me. This person goes, here's what I don't get about this DJT coin and Martin Scherkelli, who's been talking about it for days that he's allegedly created this crypto coin with Barron. Melania spent her entire life protecting Barron. Her life's work is her son Barron. Say what you want about Melania spent her entire life protecting Baron. Her life's work is her son Baron. Say what you want about Melania and I criticize her all the time, but a bad mother to Baron she is not. Additionally, both Melania and Trump have worked hard to keep him out of the public eye. In my opinion, there is zero chance that they are going to allow his public coming out to be with a shit meme coin partnered

with a felon, Martin Schrockelli. Do we really think Melania heard about this and was like, yeah, this is a great idea? No way, no way. There are only a few scenarios. Schrockelli is lying about it all and will be in serious trouble. Remember, he's a felon, so him being involved, saying he's involved in this, and then being involved in a pump and he's a felon, so him being involved, saying he's involved in this, and then being involved in a pump and dump as a felon could make him in a lot of trouble, a lot of criminal trouble, potentially, if this was all a lie. Shrikelli was duped by a fake AI baron with fake contact info. Bad for everyone. Three, baron did indeed help create it and Team Trump is in chaos behind the scenes. Or four, Shrikelli is trying to force Camp Trump to accept the coin no matter what so he can

get rich. And none of these scenarios are awesome. Here's the article by New York Magazine and they're trying to get to the bottom of it. This is the intelligence there, and it says, did Barron Trump launch a DJT crypto coin with Martin Shkreli? And here's the data that they put out here. During an X Spaces event earlier this week, Shkreli claimed that he and Barron Trump are behind a mysterious new Trump-branded cryptocurrency. If you think this sounds like a Mad Libs about some of the most controversial topics of the 21st century, you're not alone. Let's investigate. So a Trump-themed meme coin was registered on a blockchain platform earlier in the week, the coin's value quickly shot up more than 385%,

generating more than $363 million in trading volume, following rumors that Trump's 18-year-old son was behind it. As the New Republic explained, a hefty award was offered to anyone who could figure out who was really responsible for the DJT token, which led convicted former hedge fund manager Shrikelli to speak up. It wasn't long before Arkham Intelligence, a data analytics firm, promised a $150,000 bounty to anyone who discovered who was behind the asset. Within hours, a blockchain sleuth named ZachXBT posted a series of screenshots to X claiming that he'd cracked it. The token was invented by PharmaBro himself. Shrikelli then sent a series of direct messages to ZachXBT in which he claimed that he and Trump's youngest son were behind the coin. Quote, I have over 100 pieces of evidence.

I created it with Barron, read one of the messages. You can see the message right there. Shrikelli elaborated during a live X space event earlier in the week on Wednesday, saying that he had originally been approached by a friend of Barron's and that Trump's son was on the 40 to 50 person team behind the coin. The so-called farmer bro said he had formed a friendship with Barron and even advised him on where to go to college. We're friends. He wants to make money, Schrockelli said during the event. Here, I'll just play the clip so you hear what Schrockelli said. Let's play it. Over the course of the project, we basically debated how do you do this? What is the best way to do it? We spoke with Ansem. You guys may know

Ansem. We spoke with him about five or six times. I don't think he's going to deny that. We initially thought that having 70% of the supply in Trump's hands was going to make sense. I'm not going to get anything because I'm not adding value. My last name is not Trump. This is Trump's value. It would make no sense for me to get 50% or 25% or something like that. But at the same time, I like Barron a lot. I kind of viewed him almost like a son figure. And I just wanted to mentor him and help him. I helped him make a decision as to what college to go to. I just have been trying to be helpful and friendly as much as I can. So if he wants to do a crypto, I know crypto. I'm happy to help. And we thought 70% for the Trump side, how he was going to split

that up is up to him. But 30% would be put in an LP and or an airdrop. We talked to Anson and he said, no, no, no, no, you got it all wrong. You can't do that. That's not going to work. And we said, yeah, but this is the president. It's a big deal. You know, it'll sell out no matter what. Some guy in Iowa is going to put $500 in. He said, nope, you're wrong. You're going to mess this up like Tate did. And what you've got to do is you've got to put 70% in the liquidity pool.

And man, the Trump team did not like that. That seemed like it was leaving money on the table. And it took me about a week to show that actually Ansem was right. Paradoxically, it made a lot more sense to stock the LP. And they actually suggested 70%. And I have these receipts too, by the way. In fact, if you want to look, there was a Ansem programmer that sniped the token and sold it. And I have his ETH address if you're interested in that. Here's something we all know. Cheap razors are annoying.

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As the Intelligencer points out, and as we said at the outset of this video, it's unclear what's actually going on here. And it's not just because the whole crypto world is shady and confusing. Shrikelli has yet to produce any of these thousand pieces of evidence that proves Barron's involvement. He's not the most trustworthy source. He's a convicted felon. Remember, he's the person who was the most hated man in America by jacking up the price of life-saving drugs for HIV and AIDS by 5,000%. And he was then convicted of securities fraud in 2017 and served more than six years in federal prison. So yes, it's a weird story. But as the Intelligencer points out, the office of Melania quickly shot down a recent report that Barron would be a delegate, but they really haven't

done anything here at all. Both of Barron's parents have dabbled in blockchain-based money-making schemes. You had Donald Trump with those, in my opinion, scammy NFTs. Melania has been selling NFTs as well. And so they have that in common. But again, you're not hearing much. So is this Barron's crypto coin? Is that what this is? Was this a pump and dump that he was involved in? Is Shrikelli totally lying? Right

now, there's a question mark on all of this. I just wanted to give you the issue. There is no direct answer yet. We will continue to investigate this. If you have any tips, please let us know in the comments below and share your thoughts in the comments below and we will investigate and continue to report as we learn more. But that's where we're at right now. We'll keep you posted, of course, on the Midas Touch Network. Hit subscribe. We're on our way to 3 million subscribers thanks to your support. Thanks for watching and have a great day. Enough! Send it to the big house, not the White House. Get the new exclusive teas, mugs, and stickers right now at store.midastouch.com. That's store.midastouch.com.