Trump launched a cryptocurrency memecoin right before his inauguration to make millions of dollars, then increased the value of those coins by signing executive orders making crypto a priority. He also launched a meme coin for Melania Trump.
Soccer superstar Kylian Mbappé’s official X (Twitter) account was compromised in a sophisticated phishing attack to promote a fraudulent $MBAPPE token on the Solana blockchain. The scam saw the token’s market cap rapidly surge to $464 million before crashing to less than $100,000 within …
Donald Trump launched his “Trump Digital Trading Cards” NFT collection on December 15, 2022, featuring 45,000 digital trading cards priced at 9 each that sold out within 12 hours, generating .4 million in immediate revenue and demonstrating how political figures can exploit supporter …
Vivek Ramaswamy’s Axovant Sciences announced its Alzheimer’s drug intepirdine failed clinical trials, causing the stock to crash 75% in one day from $200 to eventually 40 cents. Ramaswamy had sold $40 million of his personal stake at the peak while hyping the drug in media. The drug had …