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Are ‘Pharma Bro’ and Barron Trump behind DJT token, and is Kraken being extorted?

Are ‘Pharma Bro’ and Barron Trump behind DJT token, and is Kraken being extorted?

Jun 20, 2024 Season 1 Episode 155 11 min 3 sec
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In over 150 episodes, we have never covered more crypto drama in a single episode than this one — not by a long shot. As usual, we’ll start with a rundown of Bitcoin in the past 24 hours, explaining why the price has felt stuck for so long, the insane number of short positions in BTC, and why one popular statistic about Bitcoin miners is misleading. Then it’s onto the drama, with Kraken claiming it is being extorted for $3 million by a mystery security research team, which then outed itself publicly, and Arkham has put out a $150,000 bounty to find out who is behind TrumpCoin, as rumors abound about “Pharma Bro” Martin Shkreli and Barron Trump.

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So, grab yourself a coffee, and let’s get into it!


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Rise’n’Crypto is Cointelegraph’s daily podcast covering all the latest major news in crypto, blockchain and Web3 in under 15 minutes. We keep you up to date on all the significant events surrounding Bitcoin, Ethereum, ETFs, regulation and more — all while providing a well-rounded recap of the undiscovered news from the past day. Yesterday’s big stories, today’s essential insights.

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