Hunter Biden defends LAPTOP memecoin as Kraken deletes promotional post

Hunter Biden has defended his LAPTOP memecoin hours before its Sept. 9 launch on Base, saying 20% of the supply will be distributed through community airdrops while 30% will be tied to political, crypto and cultural predictions. Summary Hunter Biden defended LAPTOP ahead of its Base launch, describing the memecoin as a way to reclaim the laptop controversy. LAPTOP will allocate 20% of its supply to community airdrops, including wallets that lost money holding TRUMP. Another 30% will be tied to political, crypto and cultural predictions, with tokens either burned or sent to charity based on the outcomes. Kraken deleted a promotional LAPTOP post after trader criticism, while Base founder Jesse Pollak said the network chose not to help design or promote the token. In an X post early Wednesday, Biden acknowledged the criticism surrounding the project and framed LAPTOP as an attempt to take ownership of the laptop controversy that followed him for years. “I understand the cynicism,” he wrote. “Why something that has been so misused by grifters?” For years, Trump and right-wing media have been asking, “Where’s Hunter? Where’s Hunter?” Well, here I am. Clear, strong, seven years sober, an...