Trump releases new NFT mugshot as former president’s ongoing legal troubles mount

Trump releases new NFT mugshot as former president's ongoing legal troubles mount

Former President Donald Trump has unveiled a new NFT collection called ‘Mugshot Edition’, a play on the recent legal troubles piling up against the Republican front-runner.

A new collection of NFTs from former President Donald Trump is taking the internet by storm.

On December 12, 2023, Trump took to Truth Social to announce the launch of a new NFT featuring an infamous mugshot taken of the former president after he was booked into an Atlanta-area jail last August on charges of plotting to overthrow the results. Georgia elections. .

With reactions to the NFT going viral on buyers. who buy 47 NFTs at a price of $99 each.

“It was a great suit, believe me, a really good suit. It’s all cut up and you’re going to get a cut,” Trump said in a video on Truth Social.

Many in the cryptocurrency community greeted news of the launch with a mix of excitement and skepticism.

Others said they were imitating.

It is not the first NFT collection to drop from the former US president.

In August, blockchain intelligence platform Arkham Intelligence discovered a crypto wallet linked to Trump, noting that the wallet then had a balance of $2,821,575; Based on current market valuations, the wallet appears to be in the green more than five times over.

In August 2023, Trump reported investing between $250,000 and $500,000 in various cryptocurrencies.

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