Hunter Biden, son of former President Joe Biden, plans to launch a new memecoin called LAPTOP on Coinbases Base network on September 9. The project will debut with a total supply of one billion tokens, directly referencing the politically charged controversy surrounding a laptop he reportedly left at a Delaware repair shop in 2019.
Hunter Biden Laptop Controversy: What You Need to Know
The LAPTOP token launch places Biden’s political identity at its core. The name is a direct nod to the infamous laptop incident that became a major point of contention during the 2020 presidential election. The move comes months after Biden himself criticized the Trump family for what he termed exploiting crypto for personal gain, calling their ventures “corruption at a scale weve never seen.” He specifically attacked World Liberty Financial, a crypto company co-founded by Donald Trump and his sons.
Key details of the LAPTOP token reveal a significant allocation to insiders. Founders, including Hunter Biden, have been allocated 30% of the token supply. These tokens are set to be locked for six months before gradually vesting over the following two years. An additional 20% of the supply is reserved for two rounds of airdrops. These airdrops target Bidens Substack subscribers and, notably, wallets that experienced losses holding President Donald Trumps TRUMP memecoin, an explicit move to attract rival political asset traders.
LAPTOP Tokenomics: Political Outcomes and Potential Burns
An intriguing aspect of LAPTOPs design involves up to another 30% of its supply tied to a series of political, cultural, and crypto outcomes. These conditions could lead to tokens being permanently removed from circulation, or “burned.” The specified conditions include Democrats winning the 2028 presidential election, Bitcoin reaching a new record high, and LAPTOP surpassing TRUMPs market valuation. If these prediction-market outcomes are met, the corresponding tokens are slated for burning; otherwise, they can be directed to charity.
This structure puts Hunter Biden in a unique position, testing his past criticisms of crypto commercialization by political figures. While he has expressed enthusiasm for blockchain technology and described himself as “kind of like a a crypto person,” his prior attacks on the Trump family centered on politicians and their families using public prominence for private wealth. The significant difference, as some argue, is that Hunter Biden currently holds no government position, unlike Donald Trump, who, as president, maintained substantial financial interests in crypto businesses and influenced regulatory environments. Trump reported over $1.4 billion in income from his familys crypto ventures in 2025, including $800 million from World Liberty Financial and $635 million tied to his memecoin.
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