Pharma Bro Claims Barron Trump is Behind DJT Token

Martin Shkreli, the figure once known as “Pharma Bro,” claims that Barron Trump is the true creator behind the DJT token. This claim emerged during a recent discussion hosted by Mario Nawfal, the acclaimed host of the largest show on X. Shkreli asserted that Barron Trump, with the approval of Donald Trump, initiated the Solana-based token, now valued at $146 million.

During the discussion, Shkreli stated that Barron Trump approached him to help launch the DJT token in April. He emphasized that Barron gets all the benefits from the token, clarifying that initially, they considered giving 70% of the supply to Donald Trump.

However, after consulting with crypto influencer “Ansem,” they decided it made more sense to stock the liquidity pool (LP) with 50% of the supply. Shkreli maintained that he provided advice to Barron but did not actively deploy the token himself.

Alex Wice, formerly associated with FTX, refuted Shkreli’s claims, alleging that Shkreli was behind the token and that he manipulated the market for personal gain. Wice pointed out that during Shkreli’s spaces, one of his associates dumped a large amount of the token, raising doubts about the legitimacy of the project. Wice also questioned whether the Trump family received any proceeds from the token, implying that without such payments, Shkreli’s claims would lack credibility.

In response to these accusations, Shkreli argued that he merely taught someone how to create the contract and did not hold the keys to the token. He insisted that the keys were with Trump and that his involvement was limited to advisory support. Despite these assertions, the involvement of Barron Trump and the Trump family remains unconfirmed, as they have not issued any public statements regarding the matter. Shkreli stated that ZachXBT and Arkham have it wrong if they don’t add the nuance. He insisted he did not act alone.