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Crypto

Unidentified Parties Cash In on Trump Gold Token Scam

Guavy AI Editorial Team
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A new cryptocurrency token called 'Trump Gold Token' has been launched by unidentified parties and earned at least $330,000 in a matter of days. According to analysts at Lookonchain, the developer and recently created wallets controlled 82.45% of the total digital coin supply.

The token was advertised on the verified account of Real Trump Coins on X (formerly Twitter) with promotions for GOLD, directing users to RealTrumpCoins.com. However, the posts were later deleted, but the website's homepage still displayed the advertisement as of Sunday morning.

Real Trump Coins has denied any involvement in the launch or promotion of the token, stating that it has not granted permission for the issuance, promotion, or use of any digital token. The company is cooperating with law enforcement to investigate the situation.

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