Introducing $TDCCP
There’s no trick the Chinese Communist Party (CCP) won’t resort to take down anything it sees as a threat, so their efforts to thwart a new anti-CCP cryptocurrency should come as no surprise.
The new coin is called $TDCCP, which stands for “Take Down the Chinese Communist Party.”
It was launched by the New Federal State of China (NFSC), a movement started by political prisoner Miles Guo, and former Donald Trump campaign manager Steve Bannon. The NFSC’s goal is to take down the CCP (hence the name of the coin). The NFSC has long fought the CCP by exposing their misdeeds – now they’ve launched their most ambitious attack on the CCP behemoth yet, directly targeting their grip on the financial system.
After it began trading in March, $TDCCP skyrocketed from being worth just under $0.10 per coin to over $1.80, giving it a valuation over $1.8 billion. It only took two weeks for the coin to surge past a $1 billion market capitalization, which it took Bitcoin three years to achieve after its first transaction.
The CCP Attacks $TDCCP From the Start
The CCP immediately targeted exchanges that $TDCCP was trading on after it launched.
Some exchanges refused to list the coin or delisted it outright. In its first week of trading, $TDCCP was delisted from two exchanges. One of them, OKX, delisted $TDCCP with no explanation – a classic sign of CCP involvement. Another attack came in the form of a CCP pressure campaign, resulting in the exchange Raydium removing all metadata for $TDCCP, including its name, logo, and all official records. It was as if the coin never existed on their platform.
Even more suspiciously, Raydium lists a *fake* cryptocurrency called NFSC, which was created to try to defraud members of the NFSC community by fooling them into purchasing it. In other words, Raydium will list a fake coin trying to defraud members of NFSC, but not a legitimate token created by NFSC members, $TDCCP.
As of today, 17 exchanges have refused to list or delisted $TDCCP (the total would’ve been 19 – but fortunately two reconsidered). This paints a troubling picture of capitulation to the CCP. This collective retreat underscores the CCP’s formidable power and influence, extending even into the ostensibly decentralized and rebellious realm of cryptocurrency. It’s hard to ignore the implications: these exchanges, rather than standing firm on principles of financial freedom or resisting authoritarian overreach, appear to have buckled under pressure – whether from direct threats or economic incentives.
The excuses that these exchanges gave for refusing to list, or delisting $TDCCP was consistent: that they don’t list political coins (raising the obvious question of why they listed it in the first place).
But they weren’t consistent with their own offerings.
Their excuses make no sense. Consider just a sampling of exchanges; BingX, Mexc, BitMart, LBank, DigiFinex, UZX, CoinW, Toobit, and XT, all of which have said they consider the TDCCP token as a token of a political nature.
But that’s a bold faced lie, as a simple scroll through their websites reveals.
To go through just some of them; BingX offers a coin called Pepe Buldak, which is a meme coin based on the Pepe the Frog, which has been associated with the far-right. If they’re willing to list that coin, it makes little sense for them to oppose a grassroots movement that stands against the Chinese Communist Party—unless they believe the repercussions outweigh the benefits.
The same is true for Mexc, which carries a coin called $PWEASE, which is a meme coin based on JD Vance. They also carry a meme coin called $BIGBALLS, which is based on a worker for Elon Musk’s Department of Government efficiency that got doxed, and revealed to have referred to himself as such.
BitMart carries TrumpCoin – it doesn’t get more political than that. LBank also offers TrumpCoin for trading – and Melaniacoin and Barroncoin. Other offerings include Pepe the Frog inspired tokens. Similarly, DigiFinex allows users to trade TrumpCoin, and three other Trump related coins, UZX offers TrumpCoin, as does CoinW, Toobit, and XT.
And most of those not listed above also offer politically themed cryptocurrencies.
So how can they reject $TDCCP on political grounds?
One possible explanation? They may have faced pressure from the CCP—or perhaps simply knowing what could happen to their platform was enough.
Cyberattacks? A Potential CCP Threat
Another method of attacking is cyberattacks. Consider that the CCP has already targeted the NFSC movement in this manner. In October 2017, the Hudson Institute faced a significant cyber attack on its website just before a scheduled event featuring Miles Guo, who was set to speak about corruption within the CCP, but the event was abruptly postponed. Evidence suggests the CCP exerted pressure to silence Guo, including a denial-of-service attack traced to Shanghai, aligning with China’s broader efforts to suppress his exposés. The timing coincided with a visit from China’s Public Security Minister, hinting at diplomatic leverage, and the cancellation underscored the CCP’s determination to stop Guo from revealing sensitive information about its leadership. The law firm Clark Hill was similarly hacked after taking Guo as a client.
When Twitter was hacked by Chinese hackers, Guo’s account was one of the accounts they deleted.
It looks like these exchanges felt the heat—or feared CCP cyberattacks—and decided to play it safe. What’s even crazier? One platform would rather tick off U.S. political parties than mess with the CCP.
The CCP Disinformation Campaign
This isn’t all the CCP is up to. Another tactic of the CCP is to spread rumors, plant doubts, and influence people to act. In this case, they’ve been attacking online group chats on Discord, which is popular with cryptocurrency investors. Their tactic is to reach out to $TDCCP holders, pretending to be acting in good faith, saying things like “$TDCCP is recovering now, I’m thinking about selling,” trying to influence holders to sell.
Similarly, the CCP has since launched a campaign to attack the coin’s price in other ways, such as buying small amounts across many wallets and then dumping them all at once in hope that it would cause panic among legitimate retail investors, so they’d also sell, compounding the selloff.
The Resilience of $TDCCP
The CCP’s attacks initially caused $TDCCP to crash from its peak around $3 to a low of $1.13. But its price has since rebounded and consolidated. That’s because there’s one factor the CCP didn’t consider: the resilience of the NFSC community in the face of their attacks.
If $TDCCP didn’t have immense value, the CCP would have no need to devote resources to attacking it, they would just let it fail on its own. They know that won’t happen, hence their latest campaign.
The rise of $TDCCP highlights the broader implications of cryptocurrency as a tool for political resistance, challenging authoritarian control over financial systems. Despite the CCP’s aggressive tactics, from delisting from exchanges, cyberattacks, and disinformation campaigns, the coin’s rapid growth proves that it isn’t going anywhere.
Everything this is backfiring for the CCP; every attempt to stop $TDCCP is just making more people aware of its existence in the first place. They may win a small battle – but they’re already losing the war.
