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In this The Gateway Pundit article, Antonio Graceffo debunks allegations of a Trump crypto scheme, attributing price movements in the $TRUMP memecoin to normal market forces rather than insider trading.
- Allegations of massive losses by nearly a million buyers and profits by insiders stem from typical memecoin volatility, not coordinated manipulation or undisclosed private placements.
- Of the 1 billion token supply, 20% was liquid at launch with no significant pre-sale discounts, and the remaining 80% was issuer-held with vesting until 2028.
- Public buyers had equitable access from day one, unlike traditional IPOs with private rounds for select investors.
- Trump’s public promotion on Truth Social does not constitute insider trading, as no material nonpublic information was involved.
- The SEC has indicated memecoins are generally not securities, placing them outside traditional insider trading frameworks.
- Claims of leaks regarding a private dinner for top holders lack substantiation and involve public marketing information, not financial fundamentals.
Read the full story:
https://www.thegatewaypundit.com/2026/07/trump-crypto-scheme-allegations-market-forces-not-insider/
Drudge Report is not alone as more popular news aggregators turn against President Trump. For the real news and opinions from across the web that Americans need, check out JD Rucker’s curated links.
