Roger Stone sells Trump-signed magazine cover at NFT auction


Top line

Roger Stone, a longtime Republican agent and Trump adviser, is auctioning off a non-fungible token from a cover of a 1990s real estate magazine, which he says is signed by former President Donald Trump with the caption “To Roger, you are the greatest! Politics said is intended to help cover her legal bills and her spouse’s medical bills.

Highlights

Stone says in a 54-second video the autographed cover of Real Estate – New York, a now defunct trade publication, is one that Trump “really liked” and later became the “standard” headshot for “pretty much everything he did.”

There was no bidder for the NFT on Wednesday afternoon.

The magazine is one of many items in NFTs of Stone’s larger collection of memorabilia.

Stone is also auctioning an NFT of a 2000 Trump presidential campaign poster – one of 100 printed, Stone says.

Stone, 69, said Politics he is auctioning Trump’s autograph to help cover “formidable” legal bills of “defending myself in 6 unworthy but sensationalist harassment lawsuits remaining and the J-6 [January 6] Witchhunt ”, in addition to cancer therapy for his wife which is not covered by insurance.

If the winning bid for NFT magazine exceeds $ 20,000, the winner will also receive a physical copy of the article, Stone said.

Stone did not immediately respond to a Forbes request for comment.

Key context

Stone is a longtime political strategist whose dealings with Republicans date back to the 1970s. He has known Trump for decades, serving as a lobbyist for Trump’s casino affairs in the 1990s and supporting Trump’s short 2000 presidential campaign. . In February 2020, Stone was sentenced to three years and four months in federal prison for lying to Congress and tampering with witnesses, after being accused of trying to thwart investigations by lawmakers and former special counsel Robert Mueller on Russian interference in the 2016 election. Months later, Trump commuted Stone’s sentence after repeatedly defending his informal adviser, claiming he was a “victim of the Russian hoax,” and just before stepping down, Trump granted Stone and other allies full pardon. However, Stone’s legal entanglements didn’t end there. Last week, Stone was subpoenaed by a House committee investigating the Capitol Riot, with lawmakers claiming Stone was in Washington on January 5-6 to “lead a march to the Capitol,” and he ” promoted his participation in the rallies and asked for support to pay for safety. “Stone says he did not attend the rallies or go to the Capitol, and said that he had advocated the Fifth Amendment against self-incrimination on all questions asked by lawmakers. Meanwhile, seven United States Capitol Police officers sued Trump, Stone and members of the Proud Boys and Oath Keepers in federal court in August, claiming their “illegal efforts” had resulted in the January 6 riot and the assault of hundreds of police officers.

Tangent

NFTs skyrocketed in popularity in 2021. Stone isn’t the only Trumpworld figure trying to make money. Last week, former First Lady Melania Trump said she plans to sell artwork as NFT, starting with an NFT of a watercolor of her “cobalt blue eyes.”

Large number

$ 150 million. This is what auction house Christie’s recouped from NTF sales in 2021, CEO Guillaume Cerutti said in a statement. He credited “new formats and sales categories, NFTS in particular” with contributing to a five-year sales peak. Sotheby’s said it sold NFT for $ 100 million this year.

Further reading

Roger Stone sells Trump NFT autograph to pay his legal bills (Politics)

Melania Trump has said she has partnered with MoonPay for a new NFT line, but the company denies any involvement (Forbes)

On January 6, the committee assigned Alex Jones and Roger Stone (Forbes)

Hollywood’s NFT Gold Rush: Behind the Hope and the Hype (Variety)


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