A bombshell report has just blown the lid off what might be the biggest crypto grift of the decade ā and it has Donald Trumpās name all over it.
Hereās the rundown on the $XRP TRUMP token ā a coin that launched with MAGA hype, pumped to the moon, and then cratered hard, leaving hundreds of thousands of wallets in the red.
š TL;DR:
š° Launched at $0.18, surged to $75, and is now hovering around $16
š§Ø 810,000+ wallets currently underwater
šø Estimated $2B in investor losses
šµļøāāļø A wallet that bought $1.1M in $XRP TRUMP just 2 minutes after Trumpās Truth Social announcement sold within 48 hours ā netting $109M in profit.
š¤ Trump & allies allegedly earned $100M+ in trading fees alone.
And it all kicked off just three days before Trumpās inauguration, when he posted:
āJoin the Trump Community. GET YOUR $T$XRP TRUMP W.ā
Thousands of supporters did. Now, many of them are holding bags ā while Trump and his circle are walking away with millions.
šØ Insider Trading? Chainalysis Says Timing āHighly Suspiciousā
Crypto forensics firm Chainalysis traced early trading activity and flagged it as textbook insider behavior. The address that made nine figures in profits? It was activated just before Trumpās public post and made its first move minutes after the announcement.
There are also allegations that Trump himself ā or someone very close to him ā may have had prior access to the token launch and liquidity details.
All while he continues to influence key regulators at the SEC and CFTC.
āThe president is participating in shady crypto schemes that harm investors while appointing regulators who may insulate him from accountability,ā
ā Corey Frayer, former SEC crypto advisor
š¬ Whatās Next?
This story raises serious questions:
Should the DOJ or SEC investigate this?
Can a political figure use hype-driven crypto to enrich themselves and allies without oversight?
Are we watching a repeat of the early ICO scams ā just with more political firepower?
š£ļø Sound off in the comments:
Is this just hype and volatility ā or something far more sinister?
š Letās talk.
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#CryptoScam #TrumpCoin #Web3Watchdog #MAGA #InsiderTrading