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MAGA-Branded, Bannon-Fronted Crypto Has Lost 95% Of Its Value: Report

  • ABC News, Friday, February 24, 2023 9:59 AM

A MAGA-branded cryptocurrency fronted by Donald Trump cronies Steve Bannon and Boris Epshteyn has lost 95% of its value in 13 months due to mismanagement, as well as the industry’s downturn, according to an ABC report. Purchasers of $FJB are “flocking to social media with complaints about the fund’s management and allegations that the coin’s leadership... made false promises, including accusations that they’ve failed in their commitment to donate portions of the coin’s proceeds to to the Wounded Warriors Project and other charities,” says the report. They are also concerned that Bannon and Epshteyn may have "jumped ship."

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