
$TRUMP Coin Listed in Record Time – Did Crypto Exchanges Put Investors at Risk?
The recent listing of Donald Trump’s meme coin, simply called $TRUMP, has raised concerns about the risks associated with hasty decision-making by crypto exchanges. The token was listed within an astonishing 48 hours of its launch, bypassing traditional review timelines and sparking worries that investors may have been put in harm’s way.
Top exchanges like Bitget, OKX, MEXC, and Coinbase took a remarkable short time to approve the token, citing “strong user demand” as the primary reason. However, this expedited process has left many wondering if the risk posed by Trump’s control of 80% of the coin’s supply was ignored.
While some may argue that it is unreasonable to expect exchanges to hold back when a prominent figure like Trump is involved, it is undeniable that this decision raises serious concerns about investor protection. In a typical situation, such a high concentration of ownership would be viewed as extremely risky and warrant closer examination before approval.
Source: coinpedia.org