This New Trump Token Has Big Red Flags
Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...
Elena is the Features Lead at Cryptonews.com. With a Master's degree in science journalism from City University, London, she is passionate about exploring complex topics in the world of technology.
There are loads of Trump tokens out there — many of them joke meme coins boasting cartoon depictions of the former president.
And now, there’s another cryptocurrency to add to this list. It’s called The Trump Token, and it’s going to be based on the Solana blockchain under the GREAT ticker.
At first glance, it seems like an interesting concept, with 50% of the funds raised during a presale being donated to political groups that support Trump’s agenda.
But when you delve deeper into the project, you quickly begin to realize that it’s riddled with problems — not to mention red flags that should alarm would-be investors.
I was shown a beta version of The Trump Token’s website, which appeared to show the 12-strong team leading the project.
Among them you have Yar the chief architect, while Kira deals with operations and compliance. Hyland serves as campaign manager, with Margaret acting as political liaison.
Curiosity led me to do a little digging into where these images came from — after all, if I’m writing about the project, it’s good to know about the backgrounds of those involved.
Alarm bells started to ring when it emerged that the images for all four of these “staff members” were AI-generated — a mere figment of the project’s imagination.
Cryptonews interviewed James Grundvig, a media ambassador for The Trump Token. He’s a freelance
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