Role at the time: Token promoter, speaking on his own X account
"The foundation isn't stepping away from $LAPTOP."
Biden reaffirmed the foundation's involvement after the token launch and directed readers to its explanation.
- First noted
- September 10, 2026
- Published here
- September 10, 2026
Why we used this label
The statement rejects withdrawal and defends continued involvement in the project.
Context
Before the quotation
Criticism of the launch followed sharp reported price volatility. Biden said the foundation's account had been suspended.
After the quotation
The statement was posted September 9 at 9:02 p.m. Eastern. X's reason for any suspension was not established, and the team's explanation remains attributed.
Sources
Biden says the foundation's X account is suspended, describes efforts to restore it, and links the team's Medium launch update. No reason for suspension was independently confirmed from X.
The project team's explanation blames initial liquidity and automated buyers, denies preferential information for insiders, and describes liquidity support and a planned token burn. These are the team's claims, not verified financial, regulatory, audit, or market findings. Publication time comes from the page's publishedTime metadata. Biden shared it at 01:02:20 UTC.