$BTC
A fake coin called $BARRON falsely claimed to be associated with President Trump's son, $TRUMP, causing huge financial losses for investors.
📉 The coin reached a market cap of $72.78M before falling more than 99% in a minute!
What made matters worse was the Cointelegraph account on X, which posted about the coin without verifying the source, which helped the scam spread quickly.
After the scam was exposed, the posts were deleted, highlighting the dangers of relying on unreliable sources! 📉