Crypto Scammers Profit $155 Million from False Trump Coin Hype

Reported 2 months ago

The cryptocurrency Restore the Republic (RTR) rapidly gained popularity and saw over $155 million invested within hours, following rumors that it was linked to Eric Trump and a potential huge announcement. However, these speculations led to a quick decline in value after a warning from Eric Trump about fake tokens, clarifying that no official Trump-related cryptocurrency had been announced. The incident highlights the growing trend of crypto scams exploiting political names.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis