The architects of the cryptocurrency launched by Melania Trump in January were accused in court filings on Tuesday of organizing the grift, knowing that the digital currency's value would plummet -- and as any reasonably sentient being could predict. Via Barrons:

The $MELANIA coins were released for just a few cents each on January 19, the day before her husband Donald Trump was inaugurated as president of the United States.

Within hours, the $MELANIA coin's price had soared to $13.73.

However, it then collapsed almost as quickly, and is now only worth around 10 cents -- less than one percent of its peak price.

In newly filed court papers, investors accuse the executives of the Meteora cryptocurrency exchange platform, on which $MELANIA was initially traded, of setting up a scheme tha

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