Trump’s $TRUMP Coin Scandal – Billions Lost, Insider Trading Suspected
A bombshell report has just blown the lid off what might be the biggest crypto grift of the decade — and it has Donald Trump’s name all over it.
Here’s the rundown on the $XRP TRUMP token — a coin that launched with MAGA hype, pumped to the moon, and then cratered hard, leaving hundreds of thousands of wallets in the red.
🔍 TL;DR:
💰 Launched at $0.18, surged to $75, and is now hovering around $16
🧨 810,000+ wallets currently underwater
💸 Estimated $2B in investor losses
🕵️♂️ A wallet that bought $1.1M in $XRP TRUMP just 2 minutes after Trump’s Truth Social announcement sold within 48 hours — netting $109M in profit.
🤑 Trump & allies allegedly earned $100M+ in trading fees alone.
And it all kicked off just three days before Trump’s inauguration, when he posted:
“Join the Trump Community. GET YOUR $T$XRP TRUMP W.”
Thousands of supporters did. Now, many of them are holding bags — while Trump and his circle are walking away with millions.
🚨 Insider Trading? Chainalysis Says Timing “Highly Suspicious”
Crypto forensics firm Chainalysis traced early trading activity and flagged it as textbook insider behavior. The address that made nine figures in profits? It was activated just before Trump’s public post and made its first move minutes after the announcement.
“The president is participating in shady crypto schemes that harm investors while appointing regulators who may insulate him from accountability,”
— Corey Frayer, former SEC crypto advisor
💬 What’s Next?
This story raises serious questions:
Should the DOJ or SEC investigate this?
Can a political figure use hype-driven crypto to enrich themselves and allies without oversight?
Are we watching a repeat of the early ICO scams — just with more political firepower?
#CryptoScam #TrumpCoin #Web3Watchdog #MAGA #InsiderTrading