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Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well
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Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well

CoinDesk · May 11, 2026, 10:56 AM · Also reported by 1 other source

Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly rewritten in April to remove delivery guarantees.

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