A shocking report unveiled what may be the largest digital fraud of the decade, bearing the name Donald Trump.
Here’s a summary of what happened with the $XRP TRUMP coin – a coin launched with MAGA hype, soared to the moon, then crashed hard, leaving hundreds of thousands of wallets in the red.
🔍 Summary:
* 💰 Launched at a price of $0.18, it soared to $75, and is now hovering around $16.
* 🧨 More than 810,000 wallets are currently drowning in losses.
* 💸 Investor losses are estimated at $2 billion.
* 🕵️♂️ A wallet purchased $1.1 million worth of $XRP TRUMP just two minutes after Trump's announcement on Truth Social, selling within 48 hours – realizing profits of $109 million.
* 🤑 It is alleged that Trump and his allies made over $100 million from trading fees alone.
The story began just three days before Trump's inauguration, when he posted:
"Join the Trump community. Get TXRP TRUMP W."
Thousands of supporters responded. Now, many of them are facing heavy losses – while Trump and his circle walk away with millions.
🚨 Insider trading? Chainalysis says the timing is "extremely suspicious"
Chainalysis, a company specializing in digital forensic investigations, tracked early trading activity and described it as typical insider trading behavior. The wallet address that made nine-figure profits? Activated before Trump's public post and made its first move minutes after the announcement.
There are also claims that Trump himself – or someone very close to him – may have had prior access to details about the digital currency's launch and liquidity.
All of this while continuing to influence key regulators at the SEC and the Commodity Futures Trading Commission (CFTC).
"The president is engaging in shady digital currency schemes that harm investors while appointing regulators who may protect him from accountability."
— Corey Freier, former advisor at the SEC on digital currency matters
💬 What is the next step?
This news raises serious questions:
* Should the Department of Justice or the SEC investigate this matter?
* Can a political figure use the hype of digital currencies to enrich himself and his allies without oversight?
* Are we witnessing a repeat of early ICO scams – but with greater political power?
🗣️ Share your thoughts in the comments:
* Is this just hype and volatility – or something much more sinister?
👇 Let's talk.
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