Trump angrily sues The New York Times for $15 billion, accusing them of defaming TRU meme coin, causing a big dump of 88% in price.

U.S. President Donald Trump has once again turned his ire toward the mainstream media, this time targeting The New York Times. Trump has officially filed a $15 billion lawsuit against the newspaper and several reporters, accusing them of maliciously tarnishing his reputation and the TRU (Trump Memecoin) project, which has led to a significant fall in the token's value.

Core of the lawsuit: Political attack or commercial defamation?

Trump posted on Truth Social, accusing The New York Times of long-term “lying and defamation,” and stated that the newspaper's support for Vice President Kamala Harris in the last election is evidence of bias.

He emphasized: “The New York Times has long been allowed to lie, slander, and defame me at will, and this behavior must stop immediately!”

According to court documents, the lawsuit is not only against The New York Times, but also includes:

· Multiple reporters: Susanna Craig, Lars Buttner, Peter Baker, Michael Schmidt

· Publisher: Penguin Random House

Trump's legal team claims that related reports and books were strategically released during the election season to cause maximum damage to his political reputation and business interests.

Cryptocurrency Focus: TRUMP Meme Coin Becomes the “Victim”

The complaint specifically mentioned that negative reports have affected Trump’s multiple businesses, including:

· Trump Group

· Media business (Truth Social)

· Cryptocurrency project (Trump meme coin TRUMP)

According to CryptoSlate data, TRUMP has fallen over 88% since its launch.

Trump's legal team believes that although the cryptocurrency market itself is highly volatile, the media's continuous negative narrative has weakened investor confidence, further deteriorating token performance.

Dual Battleground: Law and Public Opinion

A spokesperson for The New York Times responded that the lawsuit “lacks any legal basis” and criticized Trump for attempting to suppress independent news reporting.

This case is not only a legal dispute, but also a battle of public opinion between politics and the media:

Trump camp: Define it as a counterattack against partisan attacks

Media camp: Viewed as a defense of press freedom

The Intersection of Politics and the Crypto Market

This lawsuit occurs against the backdrop of Trump actively promoting a cryptocurrency agenda:

· Recently, Trump media raised $2.5 billion and plans to establish a Bitcoin treasury reserve.

· Truth Social has applied for a Bitcoin ETF

· Trump himself has mentioned cryptocurrency policy multiple times in public.

This means that the market performance of TRUMP coin is highly tied to Trump's political dynamics, and media reports may have a more direct impact on its price than on other crypto projects.

Conclusion

Trump's $15 billion lawsuit against The New York Times intertwines politics, media, and the cryptocurrency market closely. Regardless of the final legal outcome, this dispute has once again brought Trump meme coin to the forefront of public opinion. For investors, this serves as a reminder that in the crypto market, political risks and media narratives can equally be key drivers of price volatility.