Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

$TRUMP Memecoin Under SEC Scrutiny Amid $3.8 Billion Investor Losses

Guavy AI Editorial Team
Instruments
MEME TRUMP TRU
Share

US Senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate President Donald Trump's $TRUMP memecoin, citing concerns over a potential 'rug pull'.

The senators claim that nearly one million investors lost more than $3.8 billion after purchasing the token, while President Trump allegedly earned around $636 million from the project.

According to reports, the $TRUMP token debuted on January 17, 2025, three days before President Trump's inauguration, and received additional attention after he promoted it on social media the following day.

More on Crypto

Crypto just now

DefiLlama Integrates Forgd Market-Maker Leaderboard

Crypto just now

Coinbase Bitcoin Index Hits Record 78-Day Negative Streak

Crypto just now

Cramer Sells Bitcoin Over Quantum Fears, Experts Agree Threat is Real

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy