A new bombshell report has dropped, sending shockwaves through both the crypto and political worlds. According to a detailed investigation by Chainalysis, published in The New York Times, investors have lost over $2 billion in the collapse of the controversial $TRUMP cryptocurrency — a coin heavily promoted by former U.S. President Donald Trump.
💸 The Rise and Crash of $TRUMP
The coin launched quietly at $0.18, only to surge to $75 in a matter of days. Early insiders reportedly made massive profits, cashing out before the inevitable crash that brought the token down to around $16.
Chainalysis revealed that over 810,000 wallets are currently in the red — a brutal outcome for Trump supporters who were encouraged to “GET YOUR $T$TRUMP W” via Trump’s post on Truth Social.
🤔 The $109 Million Question
The most shocking discovery?
Just two minutes after Trump’s Truth Social post, an anonymous wallet dumped $1 million into buying 5.97 million tokens. Within 48 hours, that same wallet cashed out — taking home a jaw-dropping $109 million.
Analysts say the precision timing suggests potential insider trading or advance notice. Some speculate the actor could be someone close to Trump, or perhaps even Trump himself.
This revelation raises serious ethical and legal questions, especially given Trump's influence over crypto regulation in his presidential role.
⚖️ Expert Speaks Out
Former SEC crypto advisor Corey Frayer weighed in:
“The president is participating in shady crypto schemes that harm investors while appointing financial regulators who could protect him and his family from enforcement.”
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