Real Trump Coins has denied launching, promoting, or authorizing the Trump Digital GOLD token that briefly appeared across its online presence before collapsing, blaming the promotion on "third-party bad actors."

The denial came after the Real Trump Coins X account promoted the Solana-based token on Saturday and directed users to RealTrumpCoins.com, where GOLD was also advertised. The X posts were later deleted, and the account now links to a separate domain, TrumpCoins.com.

"Trump Coins has not authorized and will not launch, promote, or authorize any digital token," Real Trump Coins said in an X post on Saturday, adding that it was working with authorities to investigate the matter.

The statement follows a highly concentrated GOLD launch. Blockchain analytics platform Lookonchain reported that the developer and newly created wallets controlled 82.45% of the token's supply. Such extreme supply concentration is a hallmark of "rug pull" schemes, where insiders dump large holdings into buyer demand and leave late purchasers with steep losses. According to Lookonchain, 15 wallets linked to the team sold their holdings for roughly $330,000, generating an estimated $312,000 in profit.

The episode fits a broader pattern of compromised X accounts and celebrity- or brand-themed tokens being used to draw in buyers on low-cost chains like Solana, where new tokens can be issued in minutes and on-chain data often provides the only early warning signs of insider concentration.

The simultaneous involvement of both the X account and RealTrumpCoins.com confused crypto observers. X user Rune questioned how both the account and the domain could have been compromised at the same time.

Adding to the confusion, while the Real Trump Coins X account bio linked to TrumpCoins.com, the account was still directing customers to RealTrumpCoins.com as recently as Aug. 25, in a post that remained online at the time of publication.

At the time of publication, RealTrumpCoins.com still displayed the GOLD promotion. Trump also continued to follow the Real Trump Coins X account, which was one of only 53 accounts he followed on the platform. Trump-family branding has repeatedly appeared in crypto promotions, and watchdog groups such as Public Citizen have previously scrutinized the family's crypto ventures, a point highlighted in the related coverage below.

Related: Trump cost investors $4.7B through crypto 'schemes': Public Citizen