MELANIA Token Insiders Pocket $100 Million Profit Ahead of Trump Endorsement
Insiders associated with the MELANIA token reportedly gained nearly $100 million in profits by purchasing tokens minutes before Melania Trump’s official endorsement. The timing has sparked allegations of market manipulation and insider trading.
Since March 16, the MELANIA team has sold over 41 million tokens without providing a formal explanation, fueling skepticism within the crypto community. Financial Times reports detail how insiders capitalized on undisclosed information, raising ethical concerns about the token’s launch.
The controversy highlights persistent vulnerabilities in crypto markets, where asymmetric information can lead to outsized gains for connected players. Regulatory scrutiny may intensify as such incidents erode trust in emerging digital asset ecosystems.