It appears that an account linked to Trump may have been hacked in order to promote a scam under the name “Trump’s Digital Gold.”
A post promoting $GOLD appeared on the account “realtrumpcoins1,” which is followed by Trump’s official account and is considered a business partner of Trump’s company.
After that, the value of the $Gold cryptocurrency surged to nearly $60 million, before the post was removed. This led to the coin’s value falling from $60 million to just $600,000 in a short period, according to the lookonchain website.
The company earned more than $1 million in fees, sold its entire collection of tokens at 82.5%, and generated an additional profit of $317,000.
A post promoting $GOLD appeared on the account “realtrumpcoins1,” which is followed by Trump’s official account and is considered a business partner of Trump’s company.
After that, the value of the $Gold cryptocurrency surged to nearly $60 million, before the post was removed. This led to the coin’s value falling from $60 million to just $600,000 in a short period, according to the lookonchain website.
The company earned more than $1 million in fees, sold its entire collection of tokens at 82.5%, and generated an additional profit of $317,000.
