Nearly 1m people who bought Trump’s memecoin have lost a total of $3.81b through the end of June.
Trump, meanwhile, made $636m from the coin last year, because he collected returns whenever anyone traded it, as he repeatedly pushed his followers to do.
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.@danawhite is the PT Barnum of people choking each other into submission, if PT Barnum also hawked a line of canned whiskey & cola & bet $100k/blackjack hand.
@mattfleg & @Bernstein on the cultural, political & business influence of the @ufc president.
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