Foreign Governments Secretly Pump Billions Into Trump-Linked Meme Coin $TRUMP
Billions of dollars are flowing into $TRUMP, a meme coin tied to former U.S. President Donald Trump, from opaque entities linked to foreign governments. The New York Times reports that a UAE-backed firm alone has invested $2 billion into the token, while a Chinese company with no revenue announced a $300 million purchase.
The capital originates from China, Saudi Arabia, Qatar, and the UAE, with funds routed through tax havens. The transactions coincide with Trump’s political activities and his family’s involvement in the coin’s operations. None of these movements are being conducted transparently.