realtrumpcoins: No Digital Token Launched or Authorized, Cooperating with Law Enforcement to Investigate Related Incidents
realtrumpcoins issued a statement saying that reports claiming Trump Coins has launched, promoted, or authorized the issuance of any digital token are "completely untrue," and that the related…
realtrumpcoins issued a statement saying that reports claiming Trump Coins has launched, promoted, or authorized the issuance of any digital token are "completely untrue," and that the related information stems from malicious actions by third parties.
The statement emphasized that Trump Coins has never authorized any digital token and will not launch, promote, or authorize any digital token in the future. It is currently cooperating with relevant law enforcement agencies to investigate the matter and seeks to hold those responsible accountable.
Previously reported, the Meme coin GOLD was created on Solana at 7:38 yesterday, and related addresses controlled over 82% of the tokens through token distribution and post-listing purchases. Around 9 o'clock, the Trump merchandise partner account @realtrumpcoins1 posted a tweet containing the GOLD contract address, and the token's market cap briefly surged to $66 million.
.
Around 11:48, the tweet was deleted, and related addresses immediately began concentrated selling. GOLD's market cap plunged from $55 million to $1 million in about 30 seconds, after which the scam executor continued dumping, ultimately selling all held tokens, with cumulative profits of approximately 9784.6 SOL (about $1.01 million).).
insigtX content is informational and educational, not investment advice.