Trump Organization-linked account hacked to promote Trump Digital Gold rug pull
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Hackers compromised an official Trump collectibles partner account to pump a Solana meme token that crashed 95% in under a minute, netting an estimated $312K profit.
Key facts
Hackers compromised an official Trump collectibles partner account to pump a Solana meme token that crashed 95% in under a minute, netting an estimated $312K profit
The hacker later claimed that the entire GOLD issuance had generated over $8.2 million in profits
The account, recognized as an official partner of The Trump Organization for physical collectibles, was hijacked on August 29
Within a single minute, GOLD’s market cap plummeted by more than 95%
Summary
An account officially affiliated with The Trump Organization’s physical collectibles line was compromised and used to shill a freshly minted Solana token called Trump Digital Gold. The account, recognized as an official partner of The Trump Organization for physical collectibles, was hijacked on August 29. Within a single minute, GOLD’s market cap plummeted by more than 95%. The project team behind the token liquidated 224.5 million GOLD tokens during the brief window of hype.