“Pharmaceutical Brothers” Martin Shkreli and Barron Trump Exposed as Alleged Creators of DJT

Lina Portman2 weeks ago

0 1 minute read

On-chain sleuth ZachXBT has revealed Martin Shkreli, widely known as “Pharma Bro,” as the creator of the new Solana-based coin called TrumpCoin (DJT).

On June 19, Arkham Intelligence announced a $150,000 bounty for revealing the DJT deployer. Hours later, ZachXBT claims Shkreli is the creator of the meme piece after sending a “panic” message to the on-chain investigator.

For those who are confused and need additional context.

Earlier today, Arkham announced a $150,000 bounty for the identity of DJT's creator.

23:49 UTC I reply to Arkham saying that I have submitted my application for the bounty.
23:57 UTC Martin Shkreli panics, it's me
00:27 UTC Martin Shkreli… pic.twitter.com/pKCQDOo7AZ

-ZachXBT (@zachxbt) June 19, 2024

However, Shkreli, who served about seven years in prison and a $70 million fine for securities fraud, claims that former U.S. President Donald Trump's 18-year-old son, Barron Trump, is also involved in the same corner. He added:

“I did not act alone.”

Additionally, Shkreli stated in an X article that the keys to the token contract were with “Trump” – highlighting Barron Trump. Screenshots shared by ZachXBT show Shkreli claiming he has more than “1,000 pieces of evidence” proving 18-year-old Trump's involvement in the meme coin's deployment.

Additionally, in a June 18 X Spaces, Shkreli claimed that the former US president also approved the project and that a total of 10 people were involved in its launch. He even claimed that Trump discussed the potential listing of TrumpCoin with crypto exchange Kraken.

Despite the drama surrounding the meme coin, DJT has surged 29% in the past 24 hours and is trading at $0.015 at the time of writing. The market capitalization of the asset currently stands at $165 million with a daily trading volume of $9 million.