Revelation of fraud: Trump’s son launches DJT tokens and holds private keys

Author: Brayden Lindrea, CoinTelegraph; Compilation: Baishui, Bitchain Vision

Martin Shkreli, also known as “Pharma Bro”, now claimsDonald Trump’s 18-year-old son Barron Trump has launched TrumpCoin (DJT) tokens with his father’s approval and holds the private key to his smart contract address.

Screalei, who has been in jail for more than six years for securities fraud, claimed Barron Trump approached him in April to launch a Solana-based token — now worth $146 million, according to Birdseye.

Barron Trump and his representatives have not made a public statement on the matter.

In X Spaces hosted by Mario Nawfal, Screelly claimed that he was just assisting his “friend” Barron Trump with advice on token issuance, but was not actively involved in the deployment of the token itself.

Instead, he claimed Barron Trump was the real creator of DJT, adding that cryptocurrency influencer “Ansem” was involved.

“I’ve taught some people how to connect, but they pressed the button, not me. The key is in Trump’s hands, not in my hands.” Tuesday, on X, on Tuesday,On Spaces,Skrely suggested that 10 people were involved in the token issuance.

“I didn’t act alone.”

He also claimed that Barron Trump contacted cryptocurrency exchange Kraken to discuss the possibility of putting DJT on the list.

He also claimed thatDonald Trump not only knew about the DJT token, but also “approved it.”

“I have Barron’s receipt and said his dad approved it.”

Skrely tried to support his argument by bringing “Mongolian Prince” into the X space—the teen with less than 500 X fans, and also allegedly worked with Skrely.

Mongolian Prince is obviously shy,When one viewer asked him “whether Barron made the token” and “whether he owned the private key”, he replied “Hmm”.

“Who deployed the contract,” another audience member asked.The monologue prince replied, “Baron.”

“[Barron] wanted to do something special, meaningful, and we all wanted to help him.”

Source: Pastry ETH

Mongolian Prince claims he recently met with Barron Trump in Florida, but according to Mongolian Prince, his narrative about Donald Trump’s alleged involvement is far less clear.

Mongolian Prince claims that before the release of the DJT token, Barron showed his Solana-based Phantom wallet, which his father was said to have just smiled.

His seven-hour X Spaces comes the day after blockchain detective ZachXBT received a $150,000 reward from blockchain analytics firm Arkham Intelligence, as he allegedly identified Shkreli as the creator of the DJT token.

Adam Cochran, a partner at venture capital firm Cinneamhain Ventures, accused Shkreli of “trying to put Barron at risk” to clear his reputation.

Several viewers at X Spaces said Skrely’s description of the incident was reasonable.Others disagree, claiming that Barron Trump wouldn’t be stupid enough to risk controversy for his father in election year.

In 2017, Schcreley was found guilty of two counts of securities fraud and one count of co-conspiracy in federal court.He served nearly seven years in prison and paid a fine of about $70 million for it.

Some believe that Schcreley’s recent involvement may have violated his parole terms, although Schcreley denied it.

“Read the law, idiot,” Schcreley said in response to the X account “BORED” with 1.6 million followers, which said he would return to jail.

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