Barron Trump allegedly possesses the private keys to the DJT token according to Pharma Bro

Martin Shkreli, also known as “Pharma Bro,” is asserting that Donald Trump’s 18-year-old son, Barron Trump, was the one who initiated the launch of the TrumpCoin (DJT) token with his father’s approval, and holds the private keys to its smart contract address. According to Birdseye data, Shkreli, who spent over six years in prison for securities fraud, claims that Barron Trump sought his help to launch the Solana-based token in April, which is now valued at $146 million. Barron Trump and his representatives have not made a public statement regarding the matter. During an X Spaces hosted by Mario Nawfal, Shkreli stated that he only provided advice to his “friend” Trump about the token launch and did not actively participate in deploying the token. He alleges that Trump was the actual creator of DJT and that cryptocurrency influencer “Ansem” was also involved. Shkreli stated that he instructed someone on how to make a contact, but denied having pushed the button, and emphasized that the keys are with Trump. He also suggested that 10 people were involved in the token launch and claimed that Trump was in communication with crypto exchange Kraken to explore getting DJT listed. Shkreli also contends that Donald Trump not only knew about the DJT token but also “approved it.” He brought “Mongolian Prince” into the X Spaces to support his claims, a teenager with less than 500 followers who supposedly worked with Shkreli. Mongolian Prince stated that he recently met with Trump in Florida, but his recount of Donald Trump’s alleged involvement is not entirely clear. The discussion around Barron Trump’s involvement in the token launch has sparked debate on social media. Roger Stone, one of Trump’s close aides, denied the involvement of the former President or his son with the DJT memcoin. Shkreli was convicted of two counts of securities fraud and one count of conspiracy in 2017, for which he served nearly seven years in prison and paid over $70 million in fines. Some have suggested that Shkreli’s recent involvement could violate his parole conditions, though Shkreli has refuted this.