Trump Slams NYT in $15 Billion Lawsuit Over Meme Coin Collapse
Former President Trump files massive lawsuit against The New York Times—claiming their coverage triggered a catastrophic meme coin crash.
The Allegations
Trump's legal team argues the newspaper published 'deliberately misleading' articles that spooked investors into a panicked sell-off. The lawsuit seeks $15 billion in damages—roughly the amount wiped from the coin's market cap following the controversial reports.
Market Impact
Meme coins tanked across the board after the news broke—proving once again that crypto markets run more on headlines than fundamentals. Because nothing says 'stable investment' like a asset class that swings 40% on a single tweet.
Legal Precedent?
If successful, this case could redefine how media outlets cover volatile digital assets—and give every crypto project that crashes a convenient scapegoat. Because it's always someone else's fault when speculative bets go south.