A new "insider trading scandal" is brewing after President Trump accidentally exposed himself of insider trading and market manipulation on his Truth Social account.
Just hours before he announced his 90-day pause on most retaliatory tariffs except for China, President published a post on his Truth Social account that writes
"THIS IS A GREAT TIME TO BUY!!!DJT."
Just four hours later, President Trump broke the earth-shattering announcement, sending share indexes soaring. While many were shocked and puzzled by Trump's sudden change of heart to lash out tariffs only to announce a "temporary ceasefire" a few days later, they now seem to have found the missing piece.
Trump's hints at a market rebound?
Following the announcement, the S&P 500 blue chip index closed up by more than 9%, while the London's FTSE 100 index shot up more than 4%.
Similarly, many major cryptocurrencies also experienced significant gains, with Bitcoin surging by over 8% to $82,471, Ethereum climbing by more than 13% to $1,641, and Solana rallying by over 12% to $117.38 in the last 24 hours.
This has caused experts to speculate if President's Trump Truth Social post could be a secret morse code to his fans, signalling a potential rebound in the stock market. Another point of contention is also the initials DJT which President Trump weirdly included in his social media post.
While some speculate that it might just be his initials (Donald John Trump), but others have cleverly pointed out that the initials DJT also happens to be the same as the ticker for Trump Media & Technology Group, the business that controls Truth Socials, whose stocks shot up by 22% on Wednesday.
Experts is calling this move a poop and scoop, where an exclusive group of people with private knowledge do whatever they can to drive stock prices down-like announcing debilitating global tariffs and strategically buying stocks before the price shoots up again.
Thus President Trump is essentially driving the prices of the market down by announcing a widespread tariffs, hint for his supporters to buy the stocks while it is at its lowest, and then driving the prices of the stocks up again with his temporary ceasefire announcement.
But experts are screaming corruption!!
How long has Trump been doing this?
Beyond the outright corruption, experts are also questioning how long President Trump has been doing this, and has Trump's companions been secretly earning a fortune from the insider news. Senator Adam Schiff wrote on X
"Who in the administration knew about Trump's latest tariff flip flop ahead of time? Did anyone buy or sell stocks, and profit at the public's expense? The public has the right to know."
New York Times reporter Andrew Ross Sorkin revealed on his interview with CNBC that he wouldn't be shocked if it was revealed that a whole bunch of people who work in Washington as elected leaders also had profited from the insider scoop.
With such serious allegations brewing, many Democratic representatives have also called for an investigation. Senator Richard Blumenthal told NBC news that insider trading is a real threat, and he hoped that there could a surge of penetrating investigation into the matter.
This isn't the first time Trump has faced such accusations. Just before he was sworn in for his second term, Trump was also facing an insider-trading criticism amidst the launch of his $TRUMP memecoin. In that incident, the Trump Organisation was explicit that a group of investors who were helping launch the coin stood to benefit from its release assuming its price went up.
Still, reports showed other investors reaping outsized profits from the launch, including one crypto-wallet owner or owners who earned $109 million, according to the New York Times.
As Democrats push for a thorough investigation into potential insider trading linked to Trump’s tariff announcements, questions remain about whether these actions violated ethical or legal boundaries.
With markets still reeling from the administration’s erratic policies, the incident serves as a stark reminder of the potential consequences when economic decisions intersect with personal interests.