Bloomberg: 76% of the top 220 Trump Meme Coin TRUMP holders may be located outside the United States

Foresight News|May 07, 2025 09:45
According to Foresight News, citing SolScan data, as of 10am Eastern Time on May 5th, 76% of the top 220 wallets for Donald Trump's Meme TRUMP (addresses where the President can have dinner) are likely located outside the United States, as the exchanges used for these wallets are not open to US residents. Although some buyers may ignore the ban and use overseas exchanges through VPN. The data shows that among the top 25 registered holders on the website's ranking list, except for 6, all others use exchanges outside the United States. At least 56% of the top 220 holders on the ranking list have used similar exchanges outside the United States. This has also raised questions about how participants in the promotional dinner will be subject to scrutiny, as their public identities only come from usernames of three to four letters of their own choice. Although it is difficult to determine who is behind these accounts, some public clues have emerged. A wallet named 'MeCo' belongs to an entity called 'Memecore', which claims to be an 'EVM compatible L1 multi chain cross staking mainnet protected by the Meme proof mechanism'. The other username is' Sun 'and uses HTX wallet. HTX and Sun Yuchen. Sun Yuchen himself has publicly admitted to purchasing tokens from World Liberty Financial, but has not yet revealed whether he is the owner of the wallet that topped the ranking.
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