Trump-Linked Account Hacked for Meme Token 'Trump Digital Gold' Collapse
An account affiliated with The Trump Organization's physical collectibles line was compromised and used to promote a new Solana token called Trump Digital Gold.
The @realtrumpcoins1 account, recognized as an official partner of The Trump Organization for physical collectibles, was hijacked on August 29.
The hacker used the account to push a brand-new meme token trading under the ticker GOLD, riding the familiar playbook of slapping the Trump name on a token and watching retail money pour in.
GOLD launched on Solana, and the compromised account's endorsement triggered a burst of trading activity, briefly inflating the token's market capitalization before gravity took over.
Within 60 seconds, GOLD's market cap plummeted by more than 95%, falling from its peak to roughly $1.8 million, with subsequent reports showing it sliding further to approximately $600K.