Trump’s crypto pump was the biggest rug pull in history – Peter Schiff – BitRss

• Peter Schiff demanded a congressional probe into Trump’s alleged crypto market manipulation.
• Critics claimed Trump’s Truth Social posts fueled a pump-and-dump scheme benefiting insiders.

The cryptocurrency market has been on a rollercoaster, swinging from a brutal crash to a brief recovery, only to slide back into bearish territory.

Amid this volatility, former President Donald Trump made waves on the 2nd of March by announcing the creation of a U.S. Crypto Strategic Reserve. This move triggered a sharp surge in digital asset prices and trading volumes.

Peter Schiff alleges Trump for crypto pump and dump

However, controversy soon followed, with prominent Bitcoin critic Peter Schiff calling for a congressional investigation into what he deems the “biggest crypto rug pull in history.”

Taking to X (formerly Twitter), Schiff noted, 

“Donald Trump, the first crypto President, just helped pull off the biggest crypto rug pull of all time. A Congressional investigation is now warranted to find out the following regarding this pump and dump scheme.”&nb…