📊 The real entity coin account of the Trump family was hacked and used to post a fake coin.
On August 29, an X account called “RealTrumpCoins,” which is a legitimate official partner of the Trump Group collectibles, was taken over by hackers. The hackers used it to promote a meme coin minted on Solana. The name was catchy: “Trump Digital Gold,” code “GOLD.”
An old con, straight out of the textbook. Within two hours, it surged to a market cap of $60 million, drawing crowds of retail investors. Then the promotional post was deleted—just like that—and in one minute the coin price crashed by more than 95%, with the market cap dropping from $60 million to around $0.6 million.
Where did the money go? On-chain data shows that 15 new wallets sold 224.5 million GOLD, receiving 3,178 SOL in return—about $330,000—roughly a 17x profit. The hacker even posted about it: the deal netted $8.2 million.
My take: This isn’t Trump issuing a coin. It’s that people around him—real entities—were used as pawns. Between a real person and a fake coin is only a hacked X account. In the meme-coin space, the bigger the name, the more gullible the “greens,” and the faster the harvest. Here, “Trump” isn’t an endorsement—it’s the bait.
$BTC $SOL
#中本聪国际社区Baoluo币商资本 #加密货币 #Trump
On August 29, an X account called “RealTrumpCoins,” which is a legitimate official partner of the Trump Group collectibles, was taken over by hackers. The hackers used it to promote a meme coin minted on Solana. The name was catchy: “Trump Digital Gold,” code “GOLD.”
An old con, straight out of the textbook. Within two hours, it surged to a market cap of $60 million, drawing crowds of retail investors. Then the promotional post was deleted—just like that—and in one minute the coin price crashed by more than 95%, with the market cap dropping from $60 million to around $0.6 million.
Where did the money go? On-chain data shows that 15 new wallets sold 224.5 million GOLD, receiving 3,178 SOL in return—about $330,000—roughly a 17x profit. The hacker even posted about it: the deal netted $8.2 million.
My take: This isn’t Trump issuing a coin. It’s that people around him—real entities—were used as pawns. Between a real person and a fake coin is only a hacked X account. In the meme-coin space, the bigger the name, the more gullible the “greens,” and the faster the harvest. Here, “Trump” isn’t an endorsement—it’s the bait.
$BTC $SOL
#中本聪国际社区Baoluo币商资本 #加密货币 #Trump
