Roberto Escobar, brother to the infamous Pablo Escobar, is set to launch a cryptocurrency designed to help impeach US President Donald Trump.
Impeachment campaign looking to raise 50 million USD
The crowdfunding campaign first launched a GoFundMe page, where it managed to raise some 10 million USD before it was shut down. Olof Gustafsson, CEO of Escobar Inc., commented that the original goal “was to raise 50 million USD just using the GoFundMe platform. After raising 10 million USD in just 10 hours, we were shut down by GoFundMe and within 24 hours launched the ESCOBAR stablecoin cryptocurrency to avoid anyone censoring us again. We believe the Trump Administration or President Trump shut us down.”
The new site, ImpeachTrumpFund.com, aims to raise 50 million USD via crowdfunding in order to impeach President Trump as early as this year.
According to the page, people can donate funds via several popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, Bitcoin SV, Tron, XRP, Stellar, Tether, and Zcash. Donations can also be made via bank transfer using SWIFT.
Donations can be made via Escobar Token ICO
The general public can also donate to the campaign by taking part in the sale of the ESCOBAR token. The ICO page is currently under development, but reports indicate that the token will be a stablecoin pegged to the US dollar.
The COO of Escobar Inc., Daniel Reitberg, believes that the ESCOBAR token will serve as a better alternative to USDT. He confirmed that “yes, we had plans to release this cryptocurrency in 2019 as a stablecoin alternative to the USD Tether. We do not trust the USDT. We think that people should use our coin, as we have a much larger business sense than most other companies out there and Roberto Escobar has made hundreds of billions of dollars throughout his career.”
The campaign is meant to appeal to individuals who believe President Trump has performed poorly since he was elected into office. The campaign’s official website issues a clear call to action: “We need your help, the support of the people that agree that it is not fair to have a corrupt President rule over the free world and rule over USA. Make your donation now to help us secure the goal of finally getting Donald Trump impeached!”