2025-05-06
New story from me, @eadehemingway.bsky.social, @chriscook.news and Paul Caruana Galizia. — We found evidence of people buying Melania Coin from its online marketplace before it was launched. They made around 100 million dollars selling their holdings as the price rose. — www.ft.com/content/f579...
Financial Times
Analysis: 24 crypto wallets earned $99.6M by buying the $MELANIA memecoin in the two and a half minutes before Melania Trump posted about the coin on January 19
Small group of digital wallets bought up coins in the minutes before it was announced, FT analysis shows — Unlock the White House Watch newsletter for free