Crypto
Dogecoin evangelist once again a millionaire after Trump win – Marketplace
More than three years ago, before he became a millionaire the first time around, Glauber Contessoto borrowed $1,500 from his aunt Cristiane Almaraz to invest in Dogecoin, the cryptocurrency that started as a joke about an internet dog meme. In return, once Doge shot to the moon as Contessoto believed it would, he promised her a house.
As of late November when we recorded a Zoom conversation together, Contessoto had $2.2 million in Doge. He has even more in other cryptocurrencies.
He’s planning to sell some of the incredibly volatile Dogecoin in six to eight months, when he thinks the price will more than triple. Alamaraz wants him to sell now.
“Ultimately at that point I’ll have $10 million, so with $10 million even a million-dollar house wouldn’t affect my finances that much,” said Contessoto.
“I don’t need a million dollar house,” Almaraz said.
“You live in Maryland, you need a million dollar house,” said Contessoto.
Almaraz is a housekeeper, her husband works as an Amazon driver and they have two kids. She said after a car theft forced them to buy a new vehicle, they’re down to about $5,000 in savings.
Part of Almaraz’s frustration is that she feels like she’s seen this movie before.
“Cause Dogecoin is very unstable, so how can you guarantee that in six months you will do that, you know?” Almaraz asked.
“Because I’m basing this off of patterns,” said Contessoto. “Trends, patterns, charts, graphs. I do crypto full time now, right? I study this.”
At one point in 2021, after investing his life savings in Dogecoin, Contessoto had about $3 million in the memcoin and became a kind of crypto celebrity. His YouTube channel and social media popularity made the “Dogecoin millionaire” the most famous Dogecoin evangelist not named Elon Musk.
And then just a year later, as all that buzz for Bitcoin and NFTs cooled and crypto winter settled in, the “Dogecoin millionaire” became the “Dogecoin former millionaire.”
“I remember very vividly, I was in the parking lot of the gym that I would go to,” says Contessoto. “And I was sitting in the car watching it just plummet, and watching the amount in my Robin Hood dump down all the way to $200,000.”
But Contessoto stuck with the memecoin that brought him here, and pushed the money he was receiving from crypto-related endorsements into more Doge, as well as other crypto.
“There are days where I think ‘Oh, I kind of wish I would have sold.’ But ultimately that’s not where my heart was, and I’m very big on following my gut feelings on things,” Contessoto said.
That gut ultimately proved right. Doge started rising again in 2024, partly in line with Trump’s poll numbers. The former president had pledged to lighten regulations on crypto on the campaign trail.
And then after the election, something extraordinary happened. One of those glitches in the matrix that makes you question not only whether you’re living in a simulation, but whether it’s a simulation specifically designed to mock you for responsibly stowing your retirement money away in an index fund.
Trump announced plans to create the Department of Government Efficiency — DOGE for short — an organization tasked with slashing the federal bureaucracy, which Musk had half-jokingly proposed before the election.
Dogecoin soared. Since the election, it’s up more than 120%.
“That’s like branding that’s perfect right?,” said Contessoto. “I couldn’t have created that in a better way.”
Trump and his DOGE have been a huge financial boon for Contessoto. But there’s another part of Trump’s agenda that could be a major problem.
“I am currently undocumented as of right now,” said Contessoto. “Yeah, I don’t have papers.”
Contessoto came to the U.S. from Brazil when he was 5. His mother has a green card, but he’s still trying to get legal status.
“I have conflicting emotions about Trump,” said Contessoto. “Financially speaking he’s probably the best bet. On the other side I could get a knock on the door next week and I’m deported. And everything I know just goes up in flames.”
Over the holidays Contessoto is actually outside the U.S., tending to a family emergency. He’s unsure whether he’ll even be allowed back into the United States without his papers.
For the first time in years, he won’t be spending Christmas with aunt Cristiane in Maryland. He said she can have anything she wants as a gift — short of a house.
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Crypto
San Francisco thief posing as delivery person steals $11M in cryptocurrency after tying up homeowner
An armed thief posing as a delivery worker invaded a San Francisco home, tied up the homeowner, and stole the victim’s cellphone, laptop, and $11 million worth of cryptocurrency over the weekend, according to a report.
The brazen heist occurred around 6:45 a.m. on Saturday at a home in San Francisco’s Mission Dolores neighborhood, according to a police report obtained by the San Francisco Chronicle.
The faux courier quickly dropped the act by brandishing a gun and tying up the victim with duct tape, the police report detailed, according to the outlet.
It’s unclear if the victim was injured or if any arrests have been made following the incident.
Additional details about the suspect and the heist were not released by cops.The San Francisco Police Department did not immediately respond to a request for comment from The Post.
The robbery comes amid a rise in violent kidnappings and attempted robberies of crypto investors.
In March, a group of burglars attempted to steal cryptocurrency from the home of influencer Amouranth, whose real name is Kaitlyn Siragusa. She earns around $2 million a month from selling videos on OnlyFans and gaming on Twitch.
In May, crypto bros John Woeltz, 37, and William Duplessie, 33, were accused of kidnapping and torturing an Italian millionaire, Michael Valentino Teofrasto Carturan, inside a New York City townhouse for his Bitcoin password.
The digital currency is much harder to trace than dollars, and considerably easier for thieves to launder.
“Kidnappings of crypto investors are definitely on the rise,” Steve Krystek, CEO of PFC Safeguards, a personal security company, previously told The Post.
“A lot of the people who come into this money are flashy, and they’re signaling that they have wealth.”
Robert Kiyosaki sold $2.25M in Bitcoin for cash flow, investing in surgery centers and billboards.
Entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” Robert Kiyosaki, announced that he sold his bitcoins worth $2.25 million to generate “additional cash flow.”
PRACTICING WHAT I TEACH:
I sold $2.25 million in Bitcoin for approximately $90,000.
I purchased the Bitcoin for $6,000
a coin years ago.With the cash from Bitcoin I am purchasing two surgery centers and investing in a Bill Board business.
I estimate my $2.25 million…
— Robert Kiyosaki (@theRealKiyosaki) November 21, 2025
The investor noted that he bought the coins “years ago” when they were priced at about $6,000. The selling price was approximately $90,000.
Kiyosaki invested the proceeds in two surgical centers and a billboard business.
“Practicing What I Teach”
This is how the entrepreneur titled his post. He estimates the new investments will bring him a monthly tax-free income of ~$27,500. This is expected to expand his revenue to “hundreds of thousands” per month, considering the existing income from real estate.
Nevertheless, Kiyosaki assured:
“I remain very bullish and optimistic about Bitcoin and will start buying more when I have positive cash flow.”
He described his investments from the cryptocurrency sale as a real-life implementation of a “get rich plan.” Kiyosaki stated that his actions align with the teachings of “Rich Dad, Poor Dad” and his board game “Cashflow.”
In recent years, the entrepreneur has regularly urged the accumulation of bitcoins, gold, and silver as opposed to “fake dollars.” He also predicted “the biggest stock market crash” and the collapse of the global financial system.
However, he concluded his post about selling cryptocurrency with the phrase:
“The world economy is booming.”
Why Not Borrow?
In 2024, Kiyosaki revealed that he owns 15,000 homes, acquired through bank loans. He rents out the properties and, thanks to buying on credit, pays no taxes.
Around the same time, he admitted that his liabilities to financial institutions amount to $1.2 billion. Kiyosaki stated that he sees no issue with this, as he uses borrowed funds for investments.
The entrepreneur contrasted this approach with the strategy of his friend Dave Ramsey, whose advice is: “live debt-free.”
WHO IS RIGHT? My friend Dave Ramsey says “Live debt free.” I say “I use debt to invest. I am $1.2 billion in debt.” Again who is right?
My answer is for most people with low financial acumen, Dave’s advice is the smarter advice. For the financially educated and experienced my…— Robert Kiyosaki (@theRealKiyosaki) March 16, 2024
Ramsey’s family office also built a real estate empire valued at about $600 million, but entirely with available funds.
“For most people with low financial literacy, Dave’s advice is the wiser choice. For financially savvy and experienced investors, my approach might be better,” Kiyosaki stated.
In October 2025, on the podcast The Iced Coffee Hour, the entrepreneur casually responded to a question about his debt size: “a billion, maybe two.” Regarding potential default concerns, he further made a remark that caught the community’s attention:
“If you owe banks $20 million and can’t repay, you’re in trouble. But if it’s a billion dollars, it’s their problem.”
Earlier in November, Kiyosaki once again warned of an “impending crash.” He emphasized that he continues to buy “gold, silver, bitcoins, and Ethereum, even when they fall.” His forecast for the leading cryptocurrency is $250,000 in 2026.
CRASH COMING: Why I am buying not selling.
My target price for Gold is $27k. I got this price from friend Jim Rickards….and I own two goldmines.
I began buying gold in 1971….the year Nixon took gold from the US Dollar.
Nixon violated Greshams Law, which states “When fake…
— Robert Kiyosaki (@theRealKiyosaki) November 9, 2025
Given all this, commentators raised reasonable questions about why the sale of a digital asset was necessary for investments of a relatively small amount by Kiyosaki’s standards. Users noted that the entrepreneur could have simply slightly increased his debt, which he sees no problem with.
The anticipated growth of Bitcoin by Kiyosaki would have brought him about $4 million in income over a year on the realized volume of cryptocurrency. The additional cash flow from the new investments he declared will amount to about $300,000 over this period.
On Friday, November 21, Bitcoin prices fell below $83,000. Experts did not rule out a further decline to $70,000.
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