Trump’s 80% stake in his memecoin is a ‘huge red flag’ for investors because a rug pull could bolster the president’s riches but torpedo his reputation

Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says.

Feb 6, 2025 - 22:11
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Trump’s 80% stake in his memecoin is a ‘huge red flag’ for investors because a rug pull could bolster the president’s riches but torpedo his reputation
Trump could multiply his estimated wealth if his family’s conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says. Read More