Hunter Biden previously stated he entered the crypto industry because he "wanted to make some money", and was earlier exposed for owing his former law firm roughly $17 million.

As Hunter Biden, son of former US President Joe Biden, prepares to launch the meme coin LAPTOP, some crypto traders are questioning his personal background and motives for issuing the token. In 2024, Hunter Biden was convicted on three felony gun charges and pleaded guilty to nine tax offenses, before receiving a full pardon from his father, former US President Joe Biden. He also testified under oath that he owed approximately $17 million to his former law firm Winston & Strawn. The firm sued him last year over unpaid legal fees, and his lawyer stated in April this year that Hunter lives overseas and is "unable to pay". Some traders have linked this financial situation to his timing of launching the meme coin. Hunter himself has previously said he entered the crypto industry because he is interested in the technology and "wanted to make some money". Hunter Biden has recently publicly supported the crypto sector multiple times, stating that "decentralized digital currencies and blockchain are an inevitable future", and when asked about his views on cryptocurrency, he directly replied "Hyperliquid". He also said he hopes to put his artworks on-chain and accept Bitcoin payments, adding that Andreas Antonopoulos' book *The Internet of Money* "opened his eyes". The performance of LAPTOP after its launch remains uncertain. TRUMP has fallen from a January 2025 high of $74.34 to $2.27, while MELANIA has dropped 94% to $0.11. Additionally, Hunter Biden has recently stated he has not decided whether to run in the 2028 US presidential election, but said he "might have to run" if he receives support from billionaire John Catsimatidis.