Former U.S. First Lady Melania Trump Repurchases Her Own Issue of NFT for $170,000 or Allegedly "Shuffling the Deal"

Melania Trump, the wife of former U.S. President Donald Trump, is known for her support of cryptocurrencies, but according to on-chain data, she allegedly repurchased her previously released "Head of State Collection, 2022" NFT for as much as $170,000, according to bitcoinist. " NFT. The "Head of State Collection, 2022" NFT, minted on the Solana blockchain, was bought in an auction transaction for about $170,000 (1,800 SOL), although Melania Trump's Although Melania Trump's representatives declined in a statement to say who purchased the NFT in question, on-chain data shows that the wallet that won the NFT auction was funded by the creator of the Melania Trump NFT, so the crypto community believes the move may have been a "wash trading," meaning that both the buyer and seller were the same person. The crypto community believes that this may be a "wash trading" operation, where the buyer and seller are the same person.