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$150,000 Bounty for Uncovering DJT Token Creator Amidst Trump Link Rumors

Algoine News
Summary:
Cybersecurity firm Arkham Intelligence has put a $150,000 bounty for anyone able to definitively identify the creator of the crypto token DJT, which rose 500% amidst rumors of ties to Donald Trump. Betting has also surged whether Donald Trump is related to DJT. The bounty will be paid in 100,000 Arkham coins, deadline for which is set for June 21, 11:59 ET.
In an intriguing turn of events, cybersecurity firm Arkham Intelligence has announced a reward of $150,000 for anyone who can conclusively unveil the originator of DJT, a Solana-based token. On the heels of unsubstantiated chatter suggesting possible ties to Donald Trump, the DJT token experienced an unprecedented 500% increase on Monday. This reward of $150,000 is open to anyone able to provide credible evidence that confirms the identity of DJT's creator, as stated by the company on June 18. This bounty is valid for eight days and would be awarded in the form of 100,000 Arkham (ARKM) coins, valued at $1.56 at the time of announcement per CoinMarketCap. The company has further clarified, "Certifiable evidence of DJT's creator is what we seek. We are open to receiving proofs privately, but if we accept, such proofs will be publicly disclosed. The evidence must be original and not sourced from elsewhere on the web. Simply being the first to provide an internet link to the news does not qualify for the bounty." Highly regarded blockchain investigator ZachXBT is one of the individuals who has made a submission. Concurrently, the larger online community is buzzing with speculation about DJT’s affiliation with Trump or his family members. Polymarket—a decentralized betting platform—records nearly $1.7 million wagered around this controversial DJT token's legitimacy. Despite only 17% of all bets supporting the affirmative, a positive resolution requires explicit proof by 11:59 ET on June 21, failing which the market will lean towards a negative consensus. The media has speculated heavily on Trump's connection with the DJT token and whether his son, Barron Trump, could have a role in it. The source of these rumors appears to be a post by tech blog Pirate Wires, citing "conversations" but withholding details about the involved parties. Mike Solana, the creator of Pirate Wires, when asked about his sources, admitted he had experienced no direct communication with Trump and was sharing information based on his resources. DJT's trading price is now at 0.016, indicating a 50% drop from its Tuesday peak of 0.036, according to Birdseye.

Published At

6/19/2024 3:42:02 AM

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