Is Biden's son issuing tokens to pay off debts?
Hunter Biden, son of former US President Joe Biden, is about to launch a token...
On the evening of September 7, according to The Wall Street Journal, Hunter Biden, son of former US President Joe Biden, plans to launch the Meme token LAPTOP on the Base chain on September 9. The official account of LAPTOP named Laptop has appeared on the X platform. The account was created in June this year. As of press time, no content has been posted, but the contract address and official website of the Meme token have been announced in the account profile.
Official X account of the meme token LAPTOP
Subsequently, Hunter Biden also posted a post with the "$LAPTOP" tag and the date 9.9 on X, accompanied by a 32-second promotional video, and followed the Laptop account at the same time.
With the dual endorsement of mainstream US media and Hunter Biden himself, the authenticity of this token launch can basically be confirmed. However, the LAPTOP token has not been available for trading yet, and multiple copycat projects with the same name have appeared on the chain. Investors need to carefully distinguish between authenticity and fraud to prevent risks.
Where does the LAPTOP meme come from?
According to the official website, the Meme token LAPTOP is inspired by Hunter Biden's "laptop scandal" 6 years ago. The scandal also involved Joe Biden, then Vice President, in a huge political storm.
In April 2019, Hunter Biden sent a water-damaged MacBook Pro to a computer repair shop in Wilmington, Delaware. The shop owner copied the hard drive content of Hunter Biden's computer and later handed the copy to the Trump team. In the third week before the general election in October 2020, the New York Post published a report stating that the computer contained emails of Hunter Biden's overseas business dealings (including transactions with Ukrainian gas company Burisma and related parties in China, etc.), as well as his private content such as drug use and nude photos. The media implied that Joe Biden might also be involved in interest transfer.
Although Joe Biden was not finally proven to have violated the law directly, this incident is still irrefutable evidence of Hunter Biden's chaotic personal life and using his family's reputation to make money, which is a scandal he can never wash off. But now, Hunter Biden has proved that "what doesn't kill me only makes me stronger".
This time, Hunter Biden took the "most famous laptop in history" as the theme to launch the token, turning the material that was repeatedly used by the Trump team to attack him back then into a token. This is not only a blatant self-mockery, but also a provocation to the Trump family.
As the LAPTOP official website says, "The LAPTOP Meme token puts the narrative power back into the hands of Hunter Biden."
Airdrop for TRUMP investors; keep up with the prediction market narrative
According to the official website, the total supply of LAPTOP is 1 billion tokens. The project founders, including Hunter Biden, will get 30% of the total LAPTOP supply; the relevant tokens cannot be sold within 6 months after launch, and the remaining share will be released in batches within two years. 350 million tokens will enter circulation on the first day of TGE, of which 200 million tokens are for airdrop, 100 million tokens are for adding liquidity, and 50 million tokens belonging to the foundation will also all enter circulation.
LAPTOP token unlock curve
LAPTOP also links 30% of its total token supply to the results of 30 prediction market contract events. Each event is allocated a different proportion of tokens and judged separately. If the result is "YES", the tokens will be burned and permanently removed from the supply; if the result is "NO", the tokens will be donated to charity organizations.
Among these 30 prediction market contracts, 12 are political prediction events, the content is mainly related to anti-Trump issues, such as whether Trump will be impeached, whether the Democratic Party will win the majority of seats in the Senate and House of Representatives, etc.; 6 are related to cryptocurrencies, such as whether the Clarity Act will be passed, whether ZEC can reach $1500 by 2027, etc.; and 7 are related to the achievements of LAPTOP, such as whether the market value of LAPTOP will exceed that of TRUMP, etc.
In addition, regarding the airdrop eligibility, the LAPTOP official website also explains that subscribers of Hunter Biden's Substack or Channel 5 have 30 days to claim the airdrop, and the unclaimed tokens will also be burned. At the same time, LAPTOP also reserves a part of the tokens from the 20% airdrop tokens of the total supply for airdropping to TRUMP investors to compensate for their losses in the TRUMP project, and the specific share has not been announced yet.
Personal debt exceeds tens of millions, is the purpose of launching the token to make money?
In recent years, it has become a common phenomenon for American celebrities and dignitaries to make money in the crypto market by launching tokens. Trump, the top figure in American politics, set an example as early as the beginning of 2025. In April this year, Hunter Biden even criticized the Trump family for profiting from their status as president in an interview, saying "their hypocrisy has no boundaries". Ironically, Hunter Biden himself is also coming to the crypto market to launch tokens to make money.
Compared with his father Joe Biden's achievement of becoming president at the age of 78, Hunter Biden's life is a failure. Hunter Biden not only has a chaotic private life and a long history of drug abuse, but also currently carries a huge legal fee debt of about 17 million US dollars (Note from Odaily: Some sources show that the total debt is between 14 million and 15 million US dollars).
In June 2025, the law firm Winston Taylor, which represented him in his gun case and tax case, sued him for breach of contract in Washington, D.C. The original complaint stated that the unpaid fees and interest were "far more than $50,000". In subsequent reports and his sworn testimony in February 2026, the total amount involved by both parties was described as being at the level of about 17 million US dollars. His new lawyer stated in the 2026 court documents that Hunter Biden is penniless and lives overseas, and cannot even afford to hire an accountant or an e-discovery company to check the bills.
In August 2026, Hunter Biden's court testimony was released. His description of his financial situation was even more dire, stating that he had no valuable assets other than the paintings he painted; no cars, no mobile phones, no stocks, bonds or savings accounts; as for why he did not seek help from his father and family, he said "my family has no money either, and this is not their debt in the first place".
The above is all the important information about the LAPTOP token as of press time. Hunter Biden's intention to launch the token is obvious: a destitute, debt-ridden former first son of the United States attempts to make money in the crypto market by relying on his own "scandals". But for a drug addict who doesn't even care about selling his own dignity, will he care about the retail investors' wallets after launching the token?
As for whether you will buy in on September 9, everyone has their own answer in mind.
According to past experience, such a high-profile token will definitely siphon off on-chain liquidity. After the news broke on the evening of September 7, mainstream meme tokens in the Robinhood ecosystem such as PONS, AI and CASHCAT saw a short-term general decline.
Looking back at the last major meme cycle, the market's later consensus is that the launch of the TRUMP token by Trump was the turning point when on-chain liquidity went from prosperity to decline. After the Argentine president launched the LIBRA token, liquidity was completely drained, and the meme market entered a bear market. Although Hunter Biden himself does not have much political influence, under the aura of former US President Joe Biden, he still has high appeal to meme players.
Whether LAPTOP will become the TRUMP of this cycle under the "anti-TRUMP" banner, or the LIBRA that goes to zero right after launch, the answer will be revealed on September 9.
This article is from the WeChat official account "Odaily" (ID: o-daily), author: Golem; editor: QIN Xiaofeng, published by 36Kr with authorization.