Trump insider whale refutes stolen funds allegations... On-chain detective: "Will reveal evidence tomorrow"

Source
Son Min

Summary

  • The suspected Trump insider address has refuted claims that it engaged in cyber gambling with stolen funds.
  • ZachXBT said he plans to release evidence to everyone.
  • The suspected Trump insider address gained attention after making large profits with 50x leverage on Hyperliquid.

The address known as the suspected Trump insider or Hyperliquid whale has stated that blockchain security expert ZachXBT's claims are groundless. Previously, ZachXBT had criticized the suspected Trump insider address, claiming it was "engaging in 'cyber gambling' with stolen funds."

On the 19th (local time), 'MELANIA', the owner of the suspected Trump insider address, stated via X, "ZachXBT's claim that I traded cryptocurrencies with stolen funds is groundless," adding, "He should at least clearly prove what stolen funds he's referring to." The address changed its Debank account name to 'MELANIA' today and revealed its X account (@qwatio).

MELANIA continued, "In the worst case, we might have been associated with a small amount of dusting attacks," but added, "Our address receives thousands of transactions from various scammers." A dusting attack is a method of tracking a wallet owner's identity by sending small amounts of cryptocurrency to multiple wallets.

ZachXBT also responded to this. He said, "I will release evidence for everyone tomorrow at 10 PM (Korea time)" and added, "I don't spread false information."

Meanwhile, the suspected Trump insider address recently gained significant community attention after making $15 million in profits with 50x leverage on Hyperliquid.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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