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Bitcoin Rachy posted the query on X early Wednesday, prompting users to highlight Bitcoin's decentralized nodes, open-source code, public ledger, and 21 million supply cap as key distinctions from Ponzi schemes. Contributors contrasted it with fiat currencies' inflation since 1971 and noted regulators target actual Bitcoin scams, not the asset itself. As Bitcoin hit $90,000 amid post-election gains, the thread exposed divides between maximalists and skeptics invoking greater fool theory.

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A financial advisor turned to X after a client branded Bitcoin a Ponzi scheme—sparking over 400 replies packed with sharp rebuttals.

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In a letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi dated Tuesday, Democratic Senators Elizabeth Warren and Jack Reed requested an investigation by December 1 into World Liberty Financial's compliance with anti-money laundering rules, sanctions, and governance. The demand stems from a September report by Accountable.US alleging the project sold $WLFI governance tokens to wallets linked to North Korea's Lazarus Group, a Russian sanctions-evasion stablecoin, Iran's NoBitex exchange, and the sanctioned mixer Tornado Cash. DT Marks DEFI LLC, controlled by Donald Trump and his family, holds 22.5 billion tokens and receives 75% of sales revenue, while the project lists Trump family members in prominent roles; World Liberty Financial maintains it has robust compliance measures with no evidence of wrongdoing.

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Senators Elizabeth Warren and Jack Reed have fired off a letter urging a federal probe into World Liberty Financial, the Trump family's crypto project, over alleged sales to North Korean hackers and sanctioned entities.

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The Supreme Court ruled 6-3 on Friday that Trump overstepped by using emergency powers for global tariffs, prompting Trump to announce new 10% import tariffs under different authority. Lutnick stood stone-faced next to Trump as he criticized the decision, contrasting his past confident predictions of victory and drawing comparisons to earlier smirks. Pressure on Lutnick builds from bipartisan lawmakers over his 2012 visit to Jeffrey Epstein's island—revealed in unsealed documents—plus claims his firm bought discounted tariff refund rights, though the firm denies benefiting from the ruling. Trump continues to back him publicly despite the bipartisan scrutiny.

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A grim photo of Commerce Secretary Howard Lutnick beside President Trump during a heated White House briefing turned into instant online memes, dubbing him a 'hostage' amid fresh calls for his removal.

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Speaking at the Scottish Liberal Democrats conference, Davey urged Prime Minister Keir Starmer to take Donald Trump to court over economic harm from the now-invalidated tariffs on UK exports like cars and pharmaceuticals. He floated the idea first on X, saying they'd settle for £100bn, and likened it to Trump suing the BBC. The proposal faced online mockery, with critics calling Davey a clown and referencing his past role in the Post Office scandal, while experts doubt its legal chances due to sovereign immunity.

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Hours after the US Supreme Court struck down Trump's tariffs, Sir Ed Davey took the stage in Edinburgh and called for a bold counterpunch: sue the president for £100 billion.

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