The Logical Leftist
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Bannon's Crypto Grift Exposed: The Pattern of MAGA Money Disappearing
Posted
February 21, 2026
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10:58Now PlayingSteve Bannon and Boris Epshteyn are being sued over their “FJB” (F*** Joe Biden) cryptocurrency – a coin sold to MAGA supporters as a way to “fight Biden” and support veterans. One investor says he lost nearly $59,000, and there’s no evidence the promised donations to vets and first responders ever happened.
In this video, I break down the new lawsuit, what it says about the “FJB Coin” scheme, and the internal messages where Bannon’s own allies allegedly call the operation “sooooo negligent.” We’ll look at how the coin was marketed to Trump’s base, why the plaintiff says the project was misleading and mismanaged, and what this tells us about the larger MAGA grift ecosystem.
We’ll also connect this to the wider pattern around Steve Bannon – from “We Build the Wall” to the broader “grift-to-government” pipeline – where culture war outrage and fake “patriot” branding are used to strip wealth from the same people waving the flags and wearing the hats.
If you’re tired of seeing veterans and working-class voters used as political props while the money quietly disappears, this breakdown is for you.
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