Hunter Biden is at it again, and this time, he’s scamming Americans out of their hard-earned money using cryptocurrency.
Just minutes after the former First son launches his $LAPTOP cryptocurrency on September 9th, 2026, the price plummeted by over 98%. A total of 15,800 wallets held the coin, losing nearly all of their investment in the scam.
One investor, who dumped $200,000 into the coin, now has a balance of just $3,000.
Early estimates put the total amount of money lost by investors who purchased Biden’s $LAPTOP coin between $10-$15 Million.
‘Mystery Seller’ Cashes In On Hunter Biden $LAPTOP Coin Collapse That Cost Investors $15 Million
Lookonchain, a site which monitors cryptocurrency activity, flagged one wallet which made over $1 Million from the $LAPTOP collapse. This account spent 100 ETH, about $249,800, on 9,124.19 LAPTOP at roughly $27 per token.
Sold 8,480 of them for 472 ETH, about $1.18 million, an average around $139. This buyer coincidentally bought near the low, and sold near the high, just minutes after the coin had been launched.
This begs the question, did Hunter Biden rugpull his supporters to cash in on this cryptocurrency venture?
The ‘mystery seller’ has yet to be identified, and still maintains a small amount of the cryptocurrency in his/her wallet.
Biden, who is currently in debt upwards of $15 Million, is obviously in a position in which he is desperate for money. He has even publicly weighed running for President in recent weeks, a laughable proposition.
The Department of Justice has moved to charge individuals in recent years for ‘rug pulling’ their cryptocurrency, with two individuals being charged for this exact crime under President Joe Biden in 2024.
DOJ even goes as far as to describe the process in which the funds were transferred in and out of the coin, stating that they used Etherum, the exact same currency used in the ‘rug pull’ of Hunter Biden’s $LAPTOP coin.
When we contrast the supporter who put in over $200,000 and now has just $3,000, and the ‘mystery user’ that cashed in for over $1 Million, we get a real picture of what $LAPTOP, which was heavily pushed by Biden, was really all about.
Hunter Biden: A Criminal History
When people think about nepotism in politics, and the children of powerful establishment politicians seemingly being able to get away countless crimes and encounters with law enforcement, there perhaps is no person that comes to mind faster than Hunter Biden.
Biden, who was the subject of a national controversy through the 2020 Election, in which his laptop, which included 459 state and federal law violations: roughly 140 business-related, 191 sex-related, and 128 drug-related, was made public but blocked from coverage by major media organizations.
If an average person were to have a laptop disclosed with nearly 500 separate criminal violations present within it, they would undoubtedly be charged, arrested, and imprisoned for an unspeakable amount of time.
For Hunter Biden, it was nothing more than an inconvenience, an inconvenience he has spent months complaining about on various podcasts in an attempt to rebuild his image.
Crime data routinely shows that recidivistic crime is the most prevalent type of crime in America. It’s hard to say, but some reports, including a 2019 U.S. Sentencing Commission report, found that 63.8% of violent offenders were rearrested at some point. In other words, those who committed crimes in the past are most likely the same people who will commit crimes in the future.
That’s why Hunter Biden’s latest scam, which appears to have cost small investors over $15 Million, is so sad to behold. Biden has shown, throughout his life, that he routinely commits crimes.
Biden was convicted by a federal jury on June 11, 2024 in Wilmington on three felony counts tied to his October 2018 purchase of a Colt Cobra revolver, two counts of making false statements about his drug use on the federal firearms form, and one count of possessing a firearm as an unlawful drug user.
Judge Maryellen Noreika presided over his case. He faced up to 25 years in prison.
Biden also pleaded guilty on September 5, 2024 to nine federal tax charges, three felonies and six misdemeanors, as jury selection was about to begin.
The charges covered failure to pay roughly $1.4 million in taxes across 2016–2019. He faced up to 17 years and $1.35 million in fines.
Both of those cases were terminated in court after Hunter received an unconditional pardon from President Joe Biden in his final days in office.
If Hunter had truly been held accountable for his crimes as it pertained to the laptop, or the purchasing of a firearm while being addicted to drugs, or his corruption as it pertains to his deal with Burisma in Ukraine, or his various tax charges, then perhaps he would not have been able to scam hardworking Americans out of $15 Million.
Why The Department of Justice Must Investigate The Hunter Biden $LAPTOP Scam
Based on the evidence available to the public, the Department of Justice must consider launching an investigation into Hunter Biden’s crypto scam.
One user made off with $1 Million, while others nearly lost everything on a coin that shed 98% of its value within minutes of launch.
That isn’t coincidence, that’s a planned fraud.
It is obvious that somebody had insider information as it pertains to the trajectory of the $LAPTOP coin, and used that information to rake in $1 Million while everyday people lost 98% of their investment.
With charges against other individuals who have pulled similar stunts in recent years, the Department of Justice must make an example of Biden for this scam.
