The $TRUMP token has been exposed as one of the biggest scams in the crypto industry, highlighting a disturbing pattern of fraud and deception. Here's what you need to know:
- The Token's Origins: The $TRUMP token emerged just before Trump's inauguration, but it was not officially created by Trump himself. Instead, some individuals within his team were involved, and Trump unknowingly endorsed it without understanding the risks.
- The True Owner: The true owner of the $TRUMP token is a "farmer" developer who has launched over ten tokens under the Trump name, along with several others linked to well-known figures. This raises serious concerns about the developer's intentions and the legitimacy of the token.
- A History of Deception: The deployer has a history of repeatedly creating similar tokens, raising concerns about a pattern of fraud and deception within the industry.
- Consequences and Accountability: The crypto community must demand accountability from Trump regarding this situation. Additionally, Trump's involvement in destabilizing the crypto market, manipulating prices, and damaging its overall reputation in recent months has severe consequences.¹ ² ³
Stay vigilant, and remember that the consequences of investing in scams like $TRUMP can be severe. Always do your research, and never invest in something that seems too good to be true.
