Arkham offers $150,000 bounty to find out who's behind Trump-themed DJT token
Quick Take
- Arkham Intelligence offered $150,000 to whomever can prove who created the Donald Trump-themed DJT token.
- Controversial entrepreneur Martin Shkreli appeared to claim online that Trump’s camp or family is behind the token.
Arkham Intelligence has offered $150,000 to whomever can definitively prove who created a Donald Trump-themed Solana token.
"F**k it, we ball. $150,000 to the first person to definitively prove the identity of the creator of $DJT," Arkham Intelligence posted to X on Tuesday.
Earlier in the day, the DJT token began surging, presumably due to an unsubstantiated report claiming that the former U.S. president had launched the coin. The token was up over 300% in the past 24 hours to $0.02185 as of 5:31 p.m. EST, according to GeckoTerminal. The coin generated more than $472 million in trading volume during the same period.
The Block reached out to the Trump campaign and the Trump Organization for comment but had not received a response as of publication time.
Meanwhile, Martin Shkreli, the controversial executive who gained notoriety for once boosting the price of a life-saving medication and wound up in prison for securities fraud, appeared to make claims online that Trump's team or family is, in fact, behind the DJT token.
On Monday, Shkreli reposted a tweet claiming DJT is an official Trump token. The X account for the publication Pirate Wires said Monday night that "per conversations," Trump was launching the token and that the project was spearheaded by "Barron," presumably referring to the president's youngest son.
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Shkreli didn't immediately respond to a request for comment.
According to CoinDesk, Shkreli denied involvement in the token on Monday night while saying DJT was "an authentic Trump token."
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