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A fake account claiming to be Trump's son has more than $1 million in Arbitrage, please be aware of the risks.
According to Onchain Lens monitoring, a fake BARRON Token reached a market capitalization of about 72 million US dollars shortly after it went online on January 21st, with one insider Wallet making a profit of over 1 million US dollars. The Wallet purchased approximately 136 million BARRON at a price of 4.43 SOL (about 1048 US dollars) and then sold them at a price of 4456 SOL (worth about 1.05 million US dollars). Monitoring shows that the fake Token involved multiple insider Wallets, causing most Large Investors’ addresses to suffer losses.
It is reported that around 15:10 today, a verified fake account @TrumpwBarron posted the Meme Coin Address, and the account has been frozen at present.