$TRUMP
Hi, I'm Javeria, and it seems like the world of memecoins has been marred by controversy, with at least five world leaders embroiled in scandals since US President Donald Trump launched his signature memecoin, TRUMP.Since US President Donald Trump launched his signature memecoin, TRUMP, on January 18, at least five world leaders have been embroiled in memecoin drama. Here's a breakdown of the scandals:
- *Central African Republic Token Controversy*: On February 10, President Faustin-Archange Touadéra launched a national token, CAR, which sparked confusion over its legitimacy due to a clumsy launch and suspicious activity on its website and social media accounts ¹.
- *"Libragate" in Argentina*: Argentine President Javier Milei promoted the LIBRA token on February 14, which led to over 13,000 investors losing a combined $251 million. Milei later claimed he wasn't aware of the project's details, but allegations of his involvement and potential impeachment charges persist ¹.
- *Bermuda Premier Impersonated*: Scammers impersonated Bermuda Premier David Burt on social media, promoting a fake "Bermuda National Coin" on February 15. The real premier alerted X and Elon Musk to the scam, which failed to attract many investors ¹.
- *Saudi Arabia PM Impersonated*: On February 17, scammers hacked the X account of the Saudi Law Conference, impersonating Crown Prince Mohammed bin Salman to promote the "Official" Saudi Arabia memecoin, KSA. The scam failed to gain traction, amassing a market cap of only $7,489 ¹.
- *Malaysia's Former PM Embroiled*: Malaysia's longest-serving prime minister, Mahathir Mohamad, was also embroiled in a crypto scam on X. His account was momentarily hacked on February 5 to promote a MALAYSIA token on Pump.fun ¹.
These incidents highlight the risks and consequences of memecoin scandals, which can result in significant financial losses and damage to reputations.#BinanceAlphaAlert #BinanceLaunchpoolRED #memecoin #TrumpMelania #Melania