Authored by Turner Wright via CoinTelegraph.com,
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin.
Hunter Biden, son of former US President Joe Biden, announced that he plans to launch a memecoin based on the reports of his infamous laptop, which has been subject to intense media scrutiny.
In a Monday announcement on X, Hunter Biden posted the memecoin’s ticker symbol, $LAPTOP, signaling a Wednesday launch. The Wall Street Journal reported that Biden would send 20% of the one-billion token supply to substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin, Official Trump (TRUMP), whose value has dropped by about 97% since reaching an all-time high price in January 2025.
Source: Hunter Biden
The basis for the memecoin’s namesake is Biden’s computer, whose existence and contents were subject to scrutiny before the 2020 election, in which his father was running against Trump. The laptop continues to be invoked by many right-wing media figures and was the subject of two lawsuits filed by Biden over privacy laws.
Since his father left office in January 2025, Biden has stepped up his rhetoric on crypto and blockchain, specifically criticizing the Trump family’s entanglements with the industry through its World Liberty Financial business.
In August, he called World Liberty “corruption at a scale we’ve never seen,” comparing its business practices with those of defunct crypto exchange FTX and pointing to its ties to foreign governments like the UAE. Biden also said in June that “decentralized digital currency and the blockchain are the inevitable future.”
The LAPTOP founders, holding 30% of the token supply, will reportedly burn up to 30% of the memecoins depending on the outcome of events, including a Democrat winning the presidency in 2028, the price of Bitcoin (BTC) reaching an all-time high and LAPTOP’s fully diluted value exceeding TRUMP’s.
CLARITY Act vote set for later this monthThe LAPTOP memecoin, if launched as planned, could shine more of a spotlight on Trump’s crypto ventures at a time when lawmakers in Congress are considering a comprehensive market structure bill to regulate the digital asset industry. The Digital Asset Market Clarity Act, also known as the CLARITY Act, is scheduled for a cloture vote in the Senate on Sept. 15.
Cointelegraph reached out to the White House for comment but did not receive an immediate response.
Tyler Durden Mon, 09/07/2026 - 18:00An American Airlines flight was forced into an emergency landing Thursday evening after an unhinged passenger was duct-taped to his seat after a racist, sexist meltdown, according to multiple reports.
The raging flyer, identified as 67-year-old Arthur Layne Lundeen, allegedly hurled the N-word and anti-gay slurs at flight attendants and unloaded a series of "very offensive" remarks at female passengers, eyewitnesses told ABC News.
Fellow passenger Richard O'Lenick told NJ.com that Lundeen made statements about Jesus and said the plane was going to crash, then struck a pastor seated next to him and a woman who intervened. Witnesses said Lundeen had been served at least one drink.
That prompted O'Lenick and his coworker Juan Mejia, a retired Weehawken police officer, to step in. According to the New York Times, Lundeen bit Mejia's hand before a flight attendant handed over the tape that Mejia wrapped around the man's body, seat and head.
Shocking footage shows Lundeen's head, hands and torso duct-taped to the chair and his wrists bound together.
The Dallas-to-Newark flight was diverted to Baltimore, where Lundeen was hauled off the plane and arrested before passengers could continue on to their destination, according to the New York Post.
Lundeen was charged with misdemeanor second-degree assault and disorderly conduct, while the real estate agent's employer, Long Realty, cut ties in a statement.
"Long Realty is aware of reports concerning criminal charges filed against a former affiliated real estate agent arising from an incident that allegedly occurred during a commercial flight.
"Upon learning of the incident, Long Realty promptly ended its affiliation with the individual. The individual is no longer associated with or authorized to represent Long Realty in any capacity.
"The conduct described in the reports is wholly inconsistent with the professionalism, integrity, compassion, and respect for others that Long Realty expects from those affiliated with the company. We expect those associated with our company to uphold those values, and we have no tolerance for conduct that so clearly falls short of those expectations. Our thoughts are with the passengers, crew members, and others affected by this incident."
Federal authorities are now weighing whether to file additional charges.
"The FBI is currently conducting interviews to gather the facts and will consult with the U.S. Attorney's Office for the District of Maryland to determine if federal charges will be filed," the bureau said in a statement.
Lundeen was released on his own recognizance on Sept. 4 and waived an attorney at his initial appearance, court records show. His trial is set for Oct. 19 in Anne Arundel County District Court. The charges are allegations and he is presumed innocent.
Tyler Durden Mon, 09/07/2026 - 17:30