The GOLD token promoted by the Real Trump Coins brand, publicly backed by Donald Trump since September 2024, collapsed following a mysterious promotional campaign followed by the deletion of X posts. Wallets made a $312,000 profit, roughly 17 times their initial investment. Several crypto outlets describe the incident as an apparent scam or rug pull, and unverified reports link the suspected compromise to Iranian hackers. This episode adds to concerns about conflicts of interest surrounding Trump’s and his family’s crypto ventures.
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