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Cryptocurrency News Articles

Martin Shkreli Claims to Have Co-Created DJT Token with Barron Trump

Jun 19, 2024 at 07:38 pm

Martin Shkreli, a controversial entrepreneur, has claimed that he co-created DJT, a Solana-based token themed after former President Donald Trump

Martin Shkreli Claims to Have Co-Created DJT Token with Barron Trump

Solana-based DJT token, named after former US President Donald Trump, has sparked interest in the crypto community. Recently, blockchain investigator ZachXBT claimed to have uncovered evidence linking notorious entrepreneur Martin Shkreli to the creation of DJT.

In a series of tweets, ZachXBT revealed that he received a private message from Shkreli after offering a $150,000 bounty for the identity of the DJT creator. During a hosted X Spaces session, Shkreli announced that he had submitted evidence for the bounty, revealing his involvement in the DJT token.

According to ZachXBT, Shkreli provided “over 1,000 pieces of evidence” showing that he and Barron Trump, a son of Donald Trump, had collaborated on the DJT token.

"I have over 1,000 pieces of evidence that show Barron and I created DJT. I'm submitting for the bounty now." - Martin Shkreli in X Spaces.

Blockchain investigator ZachXBT stated in an X post.

Furthermore, blockchain transaction data obtained by ZachXBT supports claims of a relationship between DJT and Shkreli. A significant DJT holder sold $832,000 worth of tokens for the USDC stablecoin, as per the data. In the same wallet were tokens belonging to Shkreli’s Shoggoth.ai project.

Earlier, Shkreli wagered $100 million with the pseudonymous trader GCR on the legitimacy of DJT, positioning it as the official token of the Trump campaign.

In addition to Shkreli, ZachXBT has also identified another figure linked to the DJT token through an account named CWR. This account was active as an admin in the DJT Telegram group and also sent over 1,000 messages on Shkreli’s public Discord server.

"CWR is also an admin of the DJT Telegram group with 1,000+ messages on Shkreli's public Discord server. As DJT is named after Trump Jr, I wonder if CWR could be Cameron Roxborough, who claims to have gone to school with Barron and is close friends with him (unverified)." - ZachXBT in an X post.

An interesting detail is the Discord username ‘cameronrox,’ which suggests Cameron Roxborough, a person who claims to have attended school with Barron Trump. It remains unclear if they are truly friends.

However, given the earlier report from PirateWire that former president Donald Trump himself launched the DJT Token, its price was seen surging by over 300%, reaching a trading volume of more than $472 million.

But according to GeckoTerminal, the token's value fell by 56% in the last day, trading at $0.01097 at press time.

As the investigation progresses, the true owners and creators of the DJT token remain uncertain, with many left to wonder about the veracity of Shkreli’s claims.

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Other articles published on Nov 24, 2024