Hunter Biden Releases Accounting on LAPTOP Memecoin, Admits to Trolling Trumps
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Written by Turner Wright, staff writer, Edited by Robert Lakin, staff editor
Hunter Biden Confirms LAPTOP Token ‘Not a Rug Pull,’ Just Trolling Trumps
Latest News
Published: Oct 7, 2026
In a series of X posts on Wednesday, Hunter Biden provided blockchain data confirming that 300 million tokens in wallets associated with the founders of the $LAPTOP memecoin "haven't moved since launch."
"Trump’s coin was max extraction, and I wanted to troll every grift like it," said Biden in a breakdown of the memecoin launch and fallout.
Biden, son of former US President Joe Biden, released an accounting of the memecoin based on reports from his infamous laptop. He added that charts tracking the price of the memecoin shortly after launch "looked like every celebrity rug ever" and the biggest beneficiaries were unnamed market makers hired by the project.
According to Biden's posts:
- One market maker made $686,000 from liquidity positions on decentralized exchanges.
- Another firm "took in about $2.18 million more than it spent“ through trading.
Similar data was published in a “launch report” prepared by Groom Lake and posted on the memecoin’s website.
Biden emphasized his motivation:
"Here’s why I did this... So we were transparent, committed the team to a lock up and published a MiCA disclosure. And I hoped it could help some charities I care about too."
He also acknowledged his initial plan to dedicate 5% of tokens for charity but was further motivated by a desire to frustrate Donald Trump Jr. and Eric Trump.