Melania Trump has been named in a lawsuit alleging her involvement in a „pump and dump“ cryptocurrency fraud. The case revolves around a meme coin that used Melania’s name and likeness, which investors claim was part of a scheme to artificially inflate the coin’s value before selling off holdings and leaving buyers with substantial losses.

According to the complaint, the coin’s creators aggressively promoted the project to generate hype and draw in investors, leveraging Melania’s celebrity to boost credibility. Once the coin’s value peaked, the promoters allegedly sold large quantities, causing the price to plunge and resulting in significant financial harm to individual investors.

This lawsuit not only targets the coin’s creators but also puts Melania Trump in the spotlight due to her apparent association with the project, raising questions about the liability of public figures in highly speculative markets. The case is expected to test how courts deal with celebrity endorsements in the fast-evolving crypto space, as well as the broader issue of accountability in digital asset promotions.

As the proceedings unfold, both crypto investors and celebrities are watching closely to see whether using fame to promote risky digital investments could lead to more legal consequences. The outcome may set a new precedent for how reputation and responsibility intersect in the world of cryptocurrency.