The first lady of the United States became a pawn in an intricate memecoin scam that resulted in millions of dollars in losses, crypto investors have alleged.
Troy Root
2d
All a distraction from the largest financial scandal, constitutional breach and foreign invasion of United States sovereignty in the history of the American Republic. https://www.linkedin.com/posts/troyroot_the-largest-constitutional-breach-in-us-activity-7376223928756625408-Us6x?utm_source=share&utm_medium=member_ios&rcm=ACoAAAnlnvEBgdRmMvl6Y3eZOPxpvWmZCkwsJto
🌐 Geodoma
2dOne cannot invest into Crypto, because it is merely a "money transmission denominated in value that substitutes for currency," or a medium of exchange. $MELANIA and $TRUMP are sold by FinCEN-registered MSB money transmitters (e.g., Coinbase) as counterfeit money under a flawed Advisory FIN-2019-G001 (Application of FinCEN's Regulations to Certain Business Models Involving Convertible Virtual Currencies) that provides for an AML framework for "how FinCEN regulations relating to money services businesses (MSBs) apply to certain business models involving money transmission denominated in value that substitutes for currency, specifically, convertible virtual currencies (CVCs)" The sale of ANY Crypto (aside from "yield" and "staking" programs where expectation of profits does exist, from the efforts of others) never meets ALL the required elements under https://www.law.cornell.edu/wex/howey_test as an "investment contract" - $MELANIA and $TRUMP memecoins have no revenue, so there cannot be "a reasonable expectation of profits," under law. https://www.linkedin.com/posts/dmitryshkipin_fin-2019-g001-activity-7246606888765730817-tOh2