Trump’s $15B Media War: Truth Bomb or Meme Coin Implosion?

Former President launches unprecedented $15 billion assault against The New York Times—financial warfare meets media bias allegations in crypto's wildest showdown yet.

The Ultimate Clash

Trump's legal team fires the opening salvo with a staggering $15 billion lawsuit, accusing the paper of systematic bias and market manipulation. The complaint alleges coordinated attacks designed to tank Trump-affiliated meme coins—because nothing says 'financial integrity' like basing investment decisions on presidential tweets.

Market Mayhem

Trading volumes spike 300% as speculators pile into the drama. MAGA tokens swing wildly between euphoric pumps and panic sells—proving once again that crypto markets treat serious journalism and meme culture with exactly the same level of reverence.

Media institutions scramble to respond while decentralized exchanges report record inflows. Because when traditional finance and partisan politics collide, nothing creates alpha quite like constitutional crisis speculation.

The Verdict?

Either this becomes the landmark case that defines media accountability in the digital age—or just another pump-and-dump scheme dressed in legal briefs. In crypto, we call that a typical Tuesday.

Trump Accuses Times of Defamation and Election Bias

Trump’s filing claims the New York Times abandoned journalistic standards and acted as “a full-throated mouthpiece of the Democrat Party.” It cites articles, endorsements, and the book Lucky Loser by reporters Susanne Craig and Russ Buettner. The lawsuit also names four Times reporters, along with publisher Penguin Random House, which TRUMP calls “false, malicious, and defamatory.”

He argues the reporting caused sharp losses to Trump Media & Technology Group and hurt confidence in his crypto ventures. Trump Media, where the president is the majority shareholder, operates his Truth Social platform and has recently invested heavily in cryptocurrency.

In a Truth Social post, he said the “degenerate” Times engaged in “a decades-long method of lying” about him, his family, and the MAGA movement.

The complaint accuses the Times of election interference, pointing to its front-page endorsement of Kamala Harris during the 2024 campaign. It also argues the book’s release was intentionally timed with the trailer for The Apprentice film, triggering a sharp drop in Trump Media’s stock price.

Trump is suing the NY Times for $15 billion because he didn’t like what they wrote about him.

CBS, ABC News, Des Moines Register, WSJ, and now the NYT.

The “freedom of speech” President is trying to crush the freedom of the press and their freedom of speech through lawsuits. pic.twitter.com/ynXZPbOLtM

The lawsuit continues Trump’s aggressive litigation against media companies. He recently sued the Wall Street Journal and Rupert Murdoch, ABC anchor George Stephanopoulos, and Paramount’s 60 Minutes. Settlements exceeded $15 million, with Paramount paying $16 million in July.

The Times dismissed the claims.

A spokesperson said, “This lawsuit has no merit. It is an attempt to stifle and discourage independent reporting. The New York Times will not be deterred by intimidation tactics.”

Trump’s Meme Coin Faces Collapse

The lawsuit explicitly links reputational damage to his meme coin project, launched on Solana in January, just before his inauguration. The OFFICIAL TRUMP coin initially surged above $40 but has since fallen sharply, now trading around $8.63 with daily volumes near $175 million—an almost 80% drop from its early peak.

Melania’s token has performed even worse, tumbling from launch highs of several dollars to just $0.20 by mid-September 2025. With daily trading volume at only $5.5 million, it reflects far weaker liquidity and diminished investor interest compared to Trump’s coin.

Despite the downturn, Trump and his sons reportedly gained $6 billion from the launch of World Liberty Financial’s WLFI token and an additional $620 million from broader digital asset holdings.

Experts estimate crypto now makes up 9% of Trump’s $6 billion fortune, while real estate has fallen to about half.