💥 While the global economy faces instability, a major crypto scandal is unfolding around Donald Trump. Investors have pooled $140 million in the meme coin $TRUMP to attend an exclusive crypto dinner with him! The cheapest ticket cost $53,500, and top wallets held tens of millions.
🎩 But once the guest list was finalized, 16 major holders quickly sold their tokens. As a result, $TRUMP’s price dropped 5%, despite the overall crypto market rising.
🔥 The biggest loser was TRON founder Justin Sun, who lost $65.5 million! Regular investors also suffered - 590,000 wallets lost a total of $3.9 billion. 😳
💸 Meanwhile, according to Chainalysis, Trump and his team earned $320 million just from fees.
⚖️ In the US, lawmakers are now considering banning officials and their families from launching or promoting cryptocurrencies. The scandal is just beginning.