Backlash builds around Hunter Biden's LAPTOP memecoin pre-launch

Crypto traders are turning on Hunter Biden's LAPTOP memecoin even before it launches on Coinbase's Base network. Kraken deleted a promotional post after backlash, while a media group named in the token's distribution publicly distanced itself from the project.

• The token's supply structure reportedly burns nearly a third of coins if certain political outcomes occur, including a Democratic win in the 2028 election.
• Earlier reporting said 20% was allocated to investors who lost money on $TRUMP.
• No ticker, supply or burn thresholds have been disclosed.