GoPlus Security Identifies Fraudulent GOLD Token Scheme Linked to KuCoin and Binance Wallets
GoPlus Security issued a warning regarding a fraudulent group that hijacked the realtrumpcoins.com website and its associated social media account to launch the GOLD token. The group manipulated the token's market capitalization to approximately $60 million before executing a rug pull, netting over $8.2 million in profit. On-chain analysis revealed that the developer's initial funding originated from a KuCoin-linked hot wallet, while 15 additional operational wallets were funded by Binance-linked hot wallets. All involved wallets utilized the same malicious