Revealed: the people who signed up to the Magacoin Trump cryptocurrency
Photo: Marcus Harrison - Geopolitics / Alamy
More than 1,000 people have signed up for the pro-Trump cryptocurrency magacoin so far, including conservative media personalities and Republican personalities, the Guardian can reveal.
The news comes after poor security configuration on a Magacoin-affiliated website exposed the email addresses, passwords, cryptocurrency wallet addresses, and IP addresses of users who have shopped into what their promoters call “digital Denote currency for the MAGA community ”.
The data also shows that the lion's share of the cryptocurrency produced to date has been allocated to the self-described creator of Magacoin, a pro-Trump advisor who owns a cryptocurrency-related LLC and a Super Pac affiliated with the same advisor.
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The information provided to the Guardian by a self-proclaimed hacktivist reveals the reality surrounding the cryptocurrency, the creators of which say it was "made by America First Conservatives out of frustration with 'Losing the Election' and a desire to own it to fight back through the support of MAGA candidates ". ".
The vast majority of those filings only have 100 magacoins, the amount offered for free in the first time ad for early filings that can claim their share of "75 million MAGACOINS". The website, which reflects widespread right-wing falsehood about the 2020 election result, says it chose that number "to represent the 75 million voters who were denied the right to vote on November 3, 2020".
Other users have larger holdings, however, and at least some of them may have taken advantage of the cryptocurrency's ambassador program, where promoters will offer 1,000 free magacoins to their audiences to approved radio hosts, media personalities, bloggers, and grassroots groups who sign up.
A 1,500 magacoins account is tied to the email address of right-wing broadcaster John Rush, whose Rush To Reason program airs on Denver's conservative talk channel KXL.
Rush recently hosted his program for Marc Zelinka, whose used car company Carmart Inc., based in Littleton, Colorado, applied for a trademark for magacoin in April. Zelinka also manages Magacoin's Facebook page and is referred to as the creator of Magacoin on conservative social media and on Rush's Show.
Another email address is connected to the Youth Federalist Initiative, a Republican initiative in Colorado to encourage youth engagement. The email suggests the cryptocurrency is owned by Evan Underwood, a Republican activist, podcaster, and chairman of the Colorado Federation of College Republicans.
Magacoin was linked in Daily Dot coverage with a North Carolina-based Trumpist politician, Reilly O'Neal, who is the director of a North Carolina LLC, Magacoin Inc, registered last April.
In a telephone conversation, Zelinka, the self-proclaimed creator of the cryptocurrency, said that "I no longer control it" and that he has completely handed over the cryptocurrency project to O'Neal.
The Guardian has discovered more extensive links between O'Neal and the cryptocurrency.
Last month, a Super Pac called the Magacoin Victory Fund was registered with the federal electoral commission. The main postal address for Super Pac is a PO Box in Raleigh, North Carolina, which is also connected to several other O’Neal-controlled corporations and political entities.
According to North Carolina State records, other PO Box based companies that are solely controlled by O'Neal are Rightside Lists LLC and Mustard Seed Media LLC - Big League Politics shareholders.
The front page of Magacoin and promotional emails stated that “10 million MAGACOINS have been donated to the MAGACOIN Victory Fund, a SuperPAC created to support MAGA candidates across the country campaigning for individual rights, Religious Freedom, Protection of the Unborn, 2nd Amendment, Free Speech, and the Entire America First Agenda ”
The records reflect that gift, with 10 million magacoins tied to an email hosted on the domain of O'Neal's political advisory firm, Tidewater Strategies. Another Tidewater email address is linked to holdings of just over 2 million magacoins.
Another 2 million magacoins are connected to Zelinka's phone number and an old Zelinka email address that alludes to his used car dealership.
Previously, O'Neal worked on several North Carolina and national political campaigns, including the campaign launched by former Trump-friendly judge and accused pedophile Roy Moore.
His policy adviser, Tidewater Strategies, received large sums of money from mostly Trumpist Republican candidates in the last election cycle, many of whom failed to win office.
O’Neal is also reportedly involved in the far-right conspiracy website Big League Politics (BLP) through another of his companies, Mustard Seed Media.
The publisher of this publication, Patrick Howley, was discredited on the stand against leftist activists that Howley and other conspiracy theories instigated to shift the blame on James Fields after he murdered Heather Heyer after the Unite the Right rally in Charlottesville.
BLP recently released a key story on Magacoin, promising that the cryptocurrency would "create an ecosystem where pro-Trump people can support pro-Trump companies and candidates without using a financial instrument that will benefit globalists" .
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