Home web3.0 Barron Trump and Pharma Bro Martin Shkreli Accused of Creating a Cryptocurrency Scam That Lost Investors Millions

Barron Trump and Pharma Bro Martin Shkreli Accused of Creating a Cryptocurrency Scam That Lost Investors Millions

Aug 16, 2024 am 09:31 AM
Barron Trump Legal Trouble

It seems Barron might have let his family lead him astray far earlier than most of us would have imagined possible.

Barron Trump and Pharma Bro Martin Shkreli Accused of Creating a Cryptocurrency Scam That Lost Investors Millions

Barron Trump might be involved in the DJT token rug pull.

Last week the DJT token dropped 90% after someone cashed in $2M worth of coin. A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.

The token, launched in December and marketed as the “official” Trump coin, sempat hit all-time highs of $0.21 earlier this month. However, the token’s price has been on a downward trajectory ever since.

On Tuesday evening,сками фармацевтической промышленности Martin Shkreli claimed that he and Barron set up the coin (and that they’re friends and that he advised Barron on where to attend college). I don’t believe any of that is confirmed, but just the yuck factor itself makes me think it has Trump family written all over it.

Speculation on this dates back at least to June. Nevertheless, Shkreli appeared to blame Barron for Tuesday’s price drop. He repeatedly claimed he did not hold any DJT tokens and did not share access to the private keys that controlled its liquidity pools.

“Ask Barron, i don't have the keys or any tokens,” he claimed in an X post when asked for comment alongside a graph showing the token’s price drop.

“I helped make it with understand (sic) it was the official trump token, not that this would happen,” he said in a reply to another X post.

I would imagine there might be a fair number of MAGA dupes who might be wondering who yanked out that $2M. Should they be looking to Barron? Who has the keys?

Is this another example of bitcoin fraud? I’m sure the Trump family is hoping this goes better for Barron than it did for the Crypto King. Great documentary on that one by the way.

Hmmm. Maybe this is why Barron dropped out of the limelight that they seemed to be teeing him up for earlier this summer.

The above is the detailed content of Barron Trump and Pharma Bro Martin Shkreli Accused of Creating a Cryptocurrency Scam That Lost Investors Millions. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Qubetics ($TICS): The Revolutionizing AI Crypto Qubetics ($TICS): The Revolutionizing AI Crypto Mar 23, 2025 am 10:08 AM

Cryptocurrency has always been a realm where the cutting edge of technology meets bold ambition, and it's only getting more exciting in the future. As artificial intelligence continues to grow in influence, there are a handful of digital assets that

Pi Network (PI) Price Falls Despite Successful PiFest 2025 Event Pi Network (PI) Price Falls Despite Successful PiFest 2025 Event Apr 03, 2025 am 10:08 AM

Pi Network recently held PiFest 2025, an event aimed at increasing the token's adoption. Over 125,000 sellers and 58,000 merchants participated

Where to download the genuine Ouyi? Official website download. Global Where to download the genuine Ouyi? Official website download. Global Mar 31, 2025 pm 02:09 PM

Ouyi usually refers to Ouyi OKX. The global way to download Ouyi OKX APP is as follows: 1. Android device: Download the APK file through the official website and install it. 2. iOS device: access the official website through the browser and directly download the APP.

okx Ouyi Exchange web version enter link click to enter okx Ouyi Exchange web version enter link click to enter Mar 31, 2025 pm 06:21 PM

1. Enter the web version of okx Euyi Exchange ☜☜☜☜☜☜ Click to save 2. Click the link of okx Euyi Exchange app ☜☜☜☜ Click to save 3. After entering the official website, the clear interface provides a login and registration portal. Users can choose to log in to an existing account or register a new account according to their own situation. Whether it is viewing real-time market conditions, conducting transactions, or managing assets, the OKX web version provides a simple and smooth operating experience, suitable for beginners and veterans. Visit OKX official website now for easy experience

RUVI AI (RUVI) Token Presale Might 20X After an Explosive Launch RUVI AI (RUVI) Token Presale Might 20X After an Explosive Launch Apr 03, 2025 am 11:08 AM

The crypto market continues to face turbulence, with Cardano (ADA) dropping 12% to $0.64, prompting concern across the altcoin sector.

BlockDAG Launches Beta Testnet With $200M Raised, Ethereum Approaches $2,000 & Tether Expands Into Media BlockDAG Launches Beta Testnet With $200M Raised, Ethereum Approaches $2,000 & Tether Expands Into Media Apr 03, 2025 am 10:34 AM

Ethereum (ETH) price edges toward resistance, Tether news reveals a €10M media deal, and BlockDAG reaches new milestones with Beta Testnet and growing adoption.

What is Ouyi for? What is Ouyi What is Ouyi for? What is Ouyi Apr 01, 2025 pm 03:18 PM

OKX is a global digital asset trading platform. Its main functions include: 1. Buying and selling digital assets (spot trading), 2. Trading between digital assets, 3. Providing market conditions and data, 4. Providing diversified trading products (such as derivatives), 5. Providing asset value-added services, 6. Convenient asset management.

gate.io registration tutorial gate.io registration tutorial Mar 31, 2025 pm 11:09 PM

This article provides a detailed Gate.io registration tutorial, covering every step from accessing the official website to completing registration, including filling in registration information, verifying, reading user agreements, etc. The article also emphasizes security measures after successful registration, such as setting up secondary verification and completing real-name authentication, and gives tips from beginners to help users safely start their digital asset trading journey.