The Never-ending Grift
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Donald Trump announced last month he is selling “truly special” Trump Watches priced up to $100,000 and constructed with “premium, Swiss-made” materials.
But wait, there's more:
Now, the watchmaker's origins are in question after CNN tried to track down the company behind the devices. They aren't based in Switzerland, but their address returns to a strip mall. In Wyoming. Next to an HR&Block and a Wendy's.
Even the address for TheBestWatchesOnEarth LLC was questioned by CNN's report. The address the watchmaker listed is a daycare. It's also the same address used by a lobbying firm that represents Montenergo's Government. The location is also tied to an LLC that sells male enhancement honey.
It’s also the address given for the company behind Trump’s golden sneakers.
I supposed they could be importing them from Switzerland, but my guess is that they come from a country across the Pacific Ocean.
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It has hardly been a month since presidential candidate Donald Trump started hawking digital tokens in something called World Liberty Financial, a loosely defined lending business that mimicked some of the more spectacular failures of the last crypto bubble.
Basic questions about the business — What exactly is it? How does it work? What is newly matriculated NYU freshman Barron Trump doing as one of the company’s “Web3 Ambassadors”? — have gone unanswered.
And if the point of World Liberty Financial is simply to raise a ton of money through unregistered securities offerings, historically a pretty lucrative business in cryptoland, even that has gone awry. In the opening hours of trading, a period of maximum hype, the company has raised a paltry $12 million or so, falling far short of its $300 million goal.
