特朗普的模因硬幣賭博

在加密貨幣世界中釀造了一個新的爭議，其中心就是美國總統唐納德·特朗普（Donald Trump）。

Donald Trump’s meme coin, Official Trump (TRUMP), has sparked controversy with a rapid rise and fall in value, attracting attention from Public Citizen.

唐納德·特朗普（Donald Trump）的模因硬幣，特朗普官方（特朗普），引發了爭議，價值迅速增長和下降，引起了公民的關注。

The group has filed a formal complaint with the Department of Justice and the Office of Government Ethics, alleging that Trump may have violated federal laws by promoting his own meme coin.

該組織已向司法部和政府道德辦公室提出正式申訴，稱特朗普可能通過推廣自己的模因硬幣違反了聯邦法律。

Public Citizen argues that because the coin is marketed as a “meme” with no promised value or return, buyers are essentially just giving Trump money, and he is getting “rich.”

公民認為，由於硬幣是作為“模因”銷售的，沒有承諾價值或回報，因此買家本質上只是在給特朗普，他變得“富有”。

If that’s the case, this isn’t an investment—it’s a gift, and under the law, that’s a problem.

如果是這樣，這不是一項投資，而是一件禮物，根據法律，這是一個問題。

According to Public Citizen, on Jan. 20 and 21—after being sworn in as President—Trump took to social media, both X and Truth Social, to repost messages promoting his meme token.

根據公民公民的說法，1月20日至21日，特朗普（Trump）宣誓就職後，將X和Truth Social的社交媒體轉移到宣傳他的模因令牌的信息。

The group highlights Trump’s official meme coin and its legal implications in a statement:

該組織在一份聲明中強調了特朗普的官方模因硬幣及其法律意義：

On Jan. 17, just days before his inauguration as the 47th President of the United States, Trump’s official meme coin, Official Trump (TRUMP), launched to the public.

1月17日，就在他擔任美國第47任總統的就職典禮前幾天，特朗普的官方模因硬幣，特朗普官方（特朗普）向公眾開放。

Adding to the frenzy, his wife, Melania Trump, also introduced her own meme coin—Official Melania Meme (MELANIA) — which quickly attracted billions in liquidity.

他的妻子梅拉尼亞·特朗普（Melania Trump）加上瘋狂的狂熱（Melania Trump），還介紹了自己的模因硬幣- 梅拉尼亞（Melania Meme）（梅拉尼亞（Melania） ） - 迅速吸引了數十億美元的流動性。

Within 48 hours, the TRUMP token skyrocketed in value, reaching a staggering $15 billion market cap before crashing to around $3.7 billion as of Feb. 6, marking a significant decline.

在48小時內，特朗普的代幣價值飆升，達到了驚人的150億美元市值，截至2月6日，跌至37億美元左右，標誌著大幅下降。

On Feb. 5, Public Citizen filed a formal complaint with the Department of Justice and the Office of Government Ethics, alleging that by promoting his own meme coin, Trump may have violated federal laws.

2月5日，公共公民向司法部和政府道德辦公室提出了正式申訴，指控特朗普可能違反了聯邦法律，提出了自己的模因硬幣。

The complaint stems from Trump’s actions on Jan. 20 and 21, when he reposted messages on social media promoting his meme token after being sworn in as President.

投訴源於特朗普在1月20日至21日的行動，當時他在社交媒體上重新發布了消息，在宣誓就職後促進了他的模因令牌。

The Constitution’s Emoluments Clause prohibits U.S. presidents from accepting money or gifts from foreign governments. With crypto’s decentralized and often anonymous nature, there is no way to verify who is buying Trump’s token.

《憲法》的埃默爾條款禁止美國總統接受外國政府的金錢或禮物。有了加密貨幣的分散且通常是匿名的性質，無法驗證誰在購買特朗普的代幣。

This, Public Citizen warns, creates a national security risk. If foreign entities are quietly funnelling money to Trump under the guise of meme coin purchases, there is no system in place to detect it — let alone stop it.

公共公民警告說，這造成了國家安全風險。如果外國實體以購買模因硬幣的幌子向特朗普靜靜地向特朗普匯款，則沒有適當的系統來檢測到它 - 更不用說停止了它了。

A billion-dollar token and a brewing political debacle

十億美元的代幣和釀造的政治崩潰

Records show that CIC Digital LLC, a company linked to The Trump Organization and controlled by a revocable trust, holds 80% of the total supply of 999.99 million TRUMP tokens.

記錄顯示，CIC Digital LLC是一家與特朗普組織相關並由可撤銷信託控制的公司，佔9.999億特朗普令牌的總供應量的80％。

Since Donald Trump is the sole beneficiary of this trust, any financial gains from the token — whether intentional or not—ultimately flow directly to him.

由於唐納德·特朗普（Donald Trump）是該信託基金的唯一受益人，因此無論是否有意，任何財務收益都直接流向了他。

Crypto.news previously reported that on the day of Trump’s inauguration on Jan. 20, Forbes estimated his net worth at $6.7 billion.

Crypto.News此前曾報導說，在1月20日特朗普就職時，福布斯估計他的淨資產為67億美元。

On that same day, the total value of his stake in the TRUMP token — 800 million unlocked tokens — was estimated at $42.6 billion based on then-current prices. At its peak price of $75, the valuation of Trump’s stake soared past $62 billion, nearly ten times his declared net worth.

同一天，根據當時的價格，他在特朗普代幣中的股份總價值為8億美元，為426億美元。以75美元的高峰價格，特朗普的股份估值飆升了620億美元，幾乎是他宣佈為淨資產的十倍。

However, as of this writing, the price of the TRUMP token has declined, bringing the estimated value of his stake down to $15 billion.

但是，截至撰寫本文時，特朗普代幣的價格下降了，將他的股份的估計價值降至150億美元。

While significantly lower than its peak, TRUMP token’s valuation remains more than double his net worth, making the financial entanglement between his political influence and personal assets an ongoing point of interest.

雖然明顯低於其頂峰，但特朗普令牌的估值仍然是他的淨資產的兩倍以上，這使得他的政治影響力與個人資產之間的財務糾纏成為持續的利益。

And that’s not the only red flag. Reports indicate that 94% of the TRUMP and MELANIA tokens are held by just 40 wallets — a level of concentration that could easily be exploited for insider trading or pump-and-dump schemes.

這不是唯一的危險信號。報告表明，94％的特朗普和梅拉尼亞代幣僅由40個錢包持有，這是一種很容易利用的集中度，可以用於內部交易或泵送和降低計劃。

7/8 Whales dominate holdings – as of yesterday, around 40 whales holding $10M+ of $TRUMP/ $MELANIA tokens account for 94% of the holdings of $TRUMP or $MELANIA tokens. pic.twitter.com/1wKeEqBfMH

7/8鯨占主導地位 - 截至昨天，大約有40鯨持有1000萬美元以上的$ trump/ $ melania代幣帳戶，佔$ trump $ trump或$ melania tokens的94％。 pic.twitter.com/1wkeeqbfmh

Meanwhile, market volatility has already hit the coin hard. TRUMP token’s value has dropped 32% in the past week, a decline tied to broader crypto turbulence and Trump’s economic policy decisions, including proposed tariffs on China, Canada, and Mexico.

同時，市場波動已經猛烈襲擊了硬幣。在過去的一周中，特朗普令牌的價值下降了32％，與更廣泛的加密動盪和特朗普的經濟政策決策有關，包括擬議中國，加拿大和墨西哥的關稅。

However, some of these tariffs have since been temporarily rolled back, leading to market recovery.

但是，此後的一些關稅已暫時回滾，從而導致市場恢復。

Legal grey areas and political pressure

合法的灰色地區和政治壓力

Public Citizen’s filing follows growing scrutiny from Democratic lawmakers. On Jan. 22, Senator Elizabeth Warren called for an investigation into Trump’s expanding ties to meme coins.

公民申請遵循民主黨議員的審查。 1月22日，參議員伊麗莎白·沃倫（Elizabeth Warren）呼籲調查特朗普與模因硬幣不斷擴大的聯繫。

Around the same time, Representative Gerald Connolly raised concerns over Trump’s financial dealings with World Liberty Financial (WLFI),

大約在同一時間，代表杰拉爾德·康諾利（Gerald Connolly）對特朗普與世界自由金融（WLFI）的財務交往引起了人們的關注，