3 months ago
19 ARTICLE AD
Shkreli's parole terms questioned after DJT token creation claim.
The real identity of the TrumpCoin (DJT) deployer is Martin Shkreli, sentenced in 2018 to seven years in prison for committing securities fraud and securities fraud conspiracy, as revealed yesterday by blockchain sleuth ZachXBT. As reported by Crypto Briefing, the DJT token was attributed to US presidential candidate Donald Trump.
On-chain data platform Arkham Intelligence offered a $150,000 bounty yesterday to anyone willing to reveal the real identity of the DJT deployer. Less than 10 minutes later, ZachXBT answered the publication, saying that he had already submitted information to earn the bounty.
Following that interaction, Shkreli messaged the on-chain sleuth saying that he had “over 1,000 pieces of evidence” revealing that he created it with Barron Trump, son of the US presidential candidate. Additionally, Shkreli conducted an X Spaces to publicly say he’s the creator of the DJT token.
Notably, ZachXBT revealed that the pump caused by the rumor about the DJT being created by Donald Trump himself was used by insiders to dump $832,000 of the token. “Coincidentally also a large holder on Martin’s other project Shoggoth,” he added.
Moreover, an insider identified as CWR was also flagged by ZachXBT. CWR, whose real name is Cameron Roxborough, was the administrator of DJT’s Telegram group and is also an active user on Martin Shkrehli’s Discord server. At the time of ZachXBT’s publication, Roxborough had left both servers.
Shkreli has been on parole since he left prison in 2022, a fact highlighted by Adam Cochran on X. According to Cochran, Shkreli’s 3-year parole terms require him to give full financial statements, and to avoid “any self-employment involving access to client money or investments.”
Shkreli’s 3 year parole terms require him to give full financial statements, and to avoid “any self employment involving access to client money or investments” (as well as avoiding other crimes)
So either he goes to jail for fraud, or he managed an investment opportunity on… pic.twitter.com/BkVU33WcQI
— Adam Cochran (adamscochran.eth) (@adamscochran) June 19, 2024
“So either he goes to jail for fraud, or he managed an investment opportunity on behalf of Barron and goes to jail for violating terms of parole. But most importantly, do you think he includes his offshore Kucoin account (which he funded this coin with) on his financial reports to the courts?”, added Cochran.
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight - and oversight - of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
