Arkham Intelligence has offered a $150K bounty for whoever can identify the creator of the Solana-based token DJT — which rose up to 500% on Monday on unsubstantiated rumors it was tied to Donald Trump.
The surge came amid $1.7 million in Polymarket bets on whether Donald Trump or his family members are behind the DJT token.
“Fuck it, we ball. $150,000 to the first person to definitively prove the identity of the creator of $DJT,” the firm posted to X on June 18.
Fuck it, we ball.
$150,000 to the first person to definitively prove the identity of the creator of $DJT.
Only on Arkham Intel. https://t.co/cngi98z9Wr https://t.co/5snKhSyfuh pic.twitter.com/lEA6rm3BCe
— Arkham (@ArkhamIntel) June 18, 2024
The bounty will be live for eight days and paid in 100,000 Arkham (ARKM), worth $1.65 at the time of writing, according to CoinStats.
“Find definitive evidence of the creator of $DJT. We will accept private proof for this bounty but if accepted that proof will be made public,” the bounty notice reads.
“The source must be original and not from elsewhere on the internet. You cannot claim this bounty by being the first person to link to the news broken elsewhere.”
High-profile blockchain sleuth ZachXBT is among those who have sent in a submission so far.
Submission sent ✅
— ZachXBT (@zachxbt) June 18, 2024
Bets are on: Did Trump launch DJT?
Elsewhere on the internet, people are placing bets on whether the DJT token was really launched by Trump or a member of his family.
any other whales wanna join lmk https://t.co/00BcO64t81
— Martin Shkreli (@MartinShkreli) June 18, 2024
Decentralized betting platform Polymarket shows there’s nearly $1.7 million in bets over whether the DJT token is “real.”
Only 17% of the total bets have been placed in the “Yes” camp, but for them to win, definitive proof must be obtained by 11:59 ET on June 21, or else the market will resolve to a “No.”
The rumor that Trump is behind the DJT token, “spearheaded” by his son, Barron Trump, first came from an X post by tech blog Pirate Wires, which cited “conversations” but didn’t elaborate on who those conversations were with.
Pressed on where the information was from, Pirate Wires creator Mike Solana noted he “didn’t speak with Trump directly” and was “just reporting what I know via sources.”
getting a lot of inbound here. no, didn't speak with trump directly, assumed this was clear (text me though, mr. president). also assume he could rug pull, or pivot, say it's not true. just reporting what I know via sources. https://t.co/rGEukksUMs
— Mike Solana (@micsolana) June 17, 2024
DJT is currently trading for 0.016, down 50% from its peak of 0.036 on Tuesday, according to Birdseye.
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