Beware! The "scam" of cryptocurrency is stirring again

According to Forbes, in January this year, a meme coin called MELANIA emerged, claiming to be the "official" one, and promoting itself under the banner of First Lady Melania Trump, with its launch time roughly coinciding with Donald Trump's presidential inauguration.

By April, a group of cryptocurrency traders couldn’t sit still anymore and took the matter to court. They filed a lawsuit claiming that several meme coins, like M3M3, LIBRA, ENRON, and TRUST, had developers who formed a coalition to play the scam of "pump and dump". These individuals deliberately manipulated the issuance of coins, making themselves rich while leaving investors with massive losses.

This Tuesday, the plaintiffs updated the lawsuit, directly naming MELANIA as being involved in the scam. However, they did not accuse Melania herself of participating in the fraud, only stating that she unknowingly served as a "figurehead" for the project, providing an endorsement. The plaintiffs also emphasized that if the First Lady's team knew this matter was related to crime, they would definitely withdraw all authorizations immediately.

As of now, neither the White House nor the defendant's lawyers have commented on the matter, and it remains unclear what they are up to. In my opinion, the cryptocurrency market is indeed chaotic, and investors must keep their eyes open to avoid accidentally falling into traps! Recently, the focus has mainly been on internal sharing. If you want to learn more useful tutorials and trading insights, join the chat room to unlock more valuable knowledge. #加密市场观察