pump and trump Money That Won Melania Trump NFT Came From Melania Trump Wallet

[Steven P. Administrators]

The source of funds for the winning bid in Melania Trump’s first NFT auction appears to be the creators of the project themselves.

 

A series of blockchain transactions show that the cryptocurrency used to purchase Trump’s nonfungible token came from a wallet that belongs to the entity that originally listed the project for sale. The former first lady began an auction in January for a collection of NFTs on the Solana blockchain, with art from her first official state visit in 2018.

 

Trump listed the winner of the auction on her website, along with the bid history that shows the NFT sold for 1,800 SOL (now worth about $185,000) three weeks ago. The collection, titled “Head Of State,” was one of many planned auctions Trump said she would release at “regular intervals” when she announced the launch of a her NFT venture in December. 

 

Transactions reviewed by Bloomberg News show that on Jan. 23, the digital wallet listed as the creator of Trump’s NFT transferred 372,657 USDC, a stablecoin pegged to the U.S. dollar, to a second wallet that later sent 1,800 SOL to a third address. That third one is listed as the winner of the auction on Trump’s website.

 

On Jan. 27, the original wallet sent 1,800 SOL back to the second wallet address, according to blockchain transactions. The record of transactions was earlier reported by Vice.

 

Source: https://www.bloomberg.com/news/articles/2022-02-16/who-won-the-melania-trump-nft-auction-trump-crypto-wallet-linked-to-185k-funds

 

Lol

[boo_star]

You may laugh but this kind of deception is a frequent occurrence with NFT's.

 

It's essentially fraud but I'm sure the proponents of NFTs have some excuse for it, or they'll just flat out deny it's happening.

[neufuse Veteran]

Isn't this like all the other "high value sales" that happen lately? even video games OMG it went for 1 mil! to find out it's a shell company pumping the price to sell the next one to some sucker...

[wakjak]

Yeah, NFT's are a scam. Trumps are scam artists. They fit hand in hand.

[NFT_QUEEN]

Quote

Transactions reviewed by Bloomberg News show that on Jan. 23, the digital wallet listed as the creator of Trump’s NFT transferred 372,657 USDC, a stablecoin pegged to the U.S. dollar, to a second wallet that later sent 1,800 SOL to a third address. That third one is listed as the winner of the auction on Trump’s website.

Imagine if all politicians' transactions were 100% transparent in the same fashion.

 

The financial regulators around the world should be embracing the blockchain technology.

[NFT_QUEEN]