Real Trump Coins denies launching GOLD token

Trump-linked Real Trump Coins denied launching, promoting, or authorizing the Trump Digital GOLD token. The company blamed the promotion on third-party bad actors. The company said it was working with authorities to investigate. The Real Trump Coins X account promoted GOLD on Saturday and directed users to RealTrumpCoins.com. The posts were later deleted. The account now links to TrumpCoins.com. Lookonchain reported that the developer and newly created wallets controlled 82.45% of GOLD’s supply. Lookonchain reported that 15 wallets linked to the team sold their holdings for about $330,000. The blockchain analytics platform estimated that the wallets made $312,000 in profit. X user Rune questioned how the account and RealTrumpCoins.com could both have been compromised. The account directed customers to RealTrumpCoins.com on Aug. 25. RealTrumpCoins.com still displayed the GOLD promotion at the time of publication. Trump continued to follow the Real Trump Coins X account, which was one of 53 accounts he followed on X.