In an interesting turn of events, a federal judge has granted a request from U.S. Attorney Jeanine Ferris Pirro to seal a complaint that was previously accessible to the public. This complaint involves two unnamed individuals who are tied to a memecoin associated with former President Donald Trump, as reported by journalist Roger Sollenbergeron X.
Just last week, the Department of Justice (DOJ) had retracted their names after it was discovered these individuals had been swindled out of $250,000 through a scam run by a fake Nigerian inaugural committee.
Earlier this year, in June, the DOJ brought a civil forfeiture case in U.S. District Court. They aimed to seize over $225 million in cryptocurrency that had links to an international scheme known as the “crypto confidence” operation. This thorough investigation drew in the Secret Service and FBI, focused on tracking down stolen assets by analyzing blockchain trail data.
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Included in this sealed complaint are two associates linked to the Trump-connected memecoin; they reportedly became victims of an online phishing scheme posing as members of a Trump inaugural committee, resulting in a hefty loss of $250,000.
This ruling stirred up quite the buzz on social media.
Trial attorney Roger Tansey reacted vigorously, sharing his thoughts on the platform, saying in a tweet: “The other half of Trump’s corruption: private justice.”
Another user commented, “Looks like yet another cover-up happening in TrumpWorld.”
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In a bit of financial news, Trump Media and Technology Group unveiled that it has accumulated roughly $2 billion in Bitcoin and various related assets, marking a leap in Trump’s business growth within the cryptocurrency market. These assets now make up about two-thirds of Trump Media’s overall liquid assets, according to information from a company press release.
When trading started on Monday, shares of Trump Media saw a spike, gaining up to 9%, although they settled at around a 4% increase by 2 p.m. ET.
Trump’s personal investment in the company—traded on Nasdaq under the ticker DJT—is now apprised at almost $2.3 billion, as reported by NBC News.
