Barron Trump involved in insider trading, earning 200 million dollars! Chinese crypto world pro: The market I invested in.

Before Trump announced a 100% tariff on China, a mysterious trader accurately shorted BTC and ETH, making a profit of nearly 200 million USD. The community suspects that it was insider trading by his 19-year-old son Barron Trump, but pro Garrett Jin in the crypto world stepped out to claim: It was me who dumped the market.

Mysterious shorting before tariff announcement: $7.5 billion position liquidated

Last week, US President Trump suddenly announced on the social media platform Truth Social that the United States would begin imposing a 100% tariff on Chinese goods starting November 1 or earlier. This policy bomb instantly detonated the cryptocurrency market, with the price of Bitcoin plummeting nearly 8% within 19 hours, while Ethereum's drop exceeded 10%. To this day, both major cryptocurrencies have not managed to recover.

Market Turmoil Shocking: Within one hour of the announcement, the cryptocurrency market saw over $7.5 billion in liquidations; within 24 hours, the liquidation amount surged to over $19 billion, with approximately 1.4 million positions being wiped out, equivalent to around 1.67 million traders suffering heavy losses in this massacre.

However, during this cryptocurrency massacre, there were “prophets” who accurately ambushed shorting in advance, making a fortune from the plunge. Market observer @mlmabc revealed on social media that a trader on the Hyperliquid platform shorted BTC and ETH before the cryptocurrency drop and closed positions within a day after the plunge began, making profits of nearly 200 million dollars.

The timeline reveals an astonishing coincidence

The detailed timeline of the transaction makes it even more suspicious:

April 4th, morning: A mysterious trader is massively establishing shorting positions in BTC and ETH, using up to 50x leverage.

April 4th at 3 PM: Trump posted a tariff announcement on Truth Social, causing the cryptocurrency market to plummet.

April 5: Traders quickly closed positions to lock in profits, completing the entire operation in less than 24 hours.

This grasp of the “perfect timing” has led market observer @mlmabc to confidently state that this trader “played an important role in today's events.” More crucially, the precision of this contrarian operation's timing makes it hard to believe that it is purely a result of technical analysis or luck.

Community locks Barron Trump: Insider trading suspicions rise

The identity of this mysterious trader has quickly become the biggest mystery in the crypto world. Social media has begun to speculate that he might be Barron Trump—the 19-year-old son of President Trump. There has been a large number of similar posts and discussion threads on CEX's community platform, Twitter, and Telegram groups.

Why suspect it is Barron Trump?

Several key pieces of evidence support this suspicion:

Deep Involvement in Cryptocurrency: Several media outlets previously reported that Barron Trump is engaged in cryptocurrency trading. He co-founded a family cryptocurrency company, World Liberty Financial, with his father, brother Donald Jr., and Eric, and holds a 10% profit share.

Close to the Power Core: As Trump’s youngest son, Barron lives in the White House and has far more opportunities to engage with major policy decisions than an ordinary trader. Trump’s tariff decisions are usually discussed within a very small circle, and family members are the most likely group to be informed in advance.

Transaction Scale Matching: According to Forbes, Barron Trump has a net worth of approximately 150 million USD, of which about 123 million USD comes from cryptocurrency investments. This scale of assets is sufficient to support high-leverage trading of nearly 200 million USD.

Historical Precedent: In early March of this year, shortly before Trump announced the cryptocurrency reserve, a trader made a 50x leveraged bet on Bitcoin and Ethereum, turning a $4 million investment into $200 million. This kind of “coincidence” has happened more than once during Trump's term.

The anger within the community is rising rapidly. Many cryptocurrency investors believe that if the person who leaked the policy decision is not Trump himself, they are at least a confidant of the Trump family. Such behavior of profiting from insider information would face severe legal sanctions in traditional financial markets.

Chinese pro jumps out to claim: Garrett Jin's “exoneration”

Just as suspicions about Barron Trump’s insider trading were escalating, a Chinese user named Garrett Jin suddenly claimed on social media to be the trader behind this astonishing sky-high trade, clarifying that the Trump family was not involved in this transaction.

Garrett Jin stated that this transaction was completed based on “technical analysis” and the nature of Bitcoin being “overvalued” as an asset. He emphasized that his trading decisions were entirely based on publicly available market information and had nothing to do with any insider policy.

Who is Garrett Jin?

Public records show that Garrett Jin graduated from Boston University with a major in economics in 2008, and his career began at China Construction Bank. He has an extensive resume in the crypto world:

2012: Founded Da Yo Trading (HK) and began engaging in cryptocurrency trading.

2012-2015: Served as the Chief Operating Officer at a Chinese crypto exchange, witnessing the early explosion of the Chinese cryptocurrency market.

Later: He previously served as the CEO of BitForex, which was embroiled in a trading scandal, and this experience affected his reputation in the crypto world.

Garrett Jin's 'claim' has sparked polarized reactions:

Skeptics believe this is to “shield” the Trump family. A trader with a history of scandals on BitForex suddenly came forward to admit to a massive profit that might involve insider trading, and the timing is too coincidental. Moreover, the “technical analysis” reasoning he provided seems too weak in the crypto world—shorting precisely a few hours before Trump's policy announcement is hard to explain technically.

Supporters believe that Garrett Jin indeed has the ability and resources to complete this transaction. He has been deeply involved in the crypto world for over ten years, establishing a vast network of information and trading experience. More importantly, if it really was operated by Barron Trump, why leave such obvious traces on the public Hyperliquid platform?

As of now, there is no conclusive evidence showing that Barron Trump is the trader involved in this shorting transaction, and the identity verification of Garrett Jin has not been confirmed by the platform or a third party.

Trump family's crypto empire

Regardless of the truth behind this controversy, Barron Trump indeed has substantial interests in the crypto world. According to a report by Forbes, Barron received a 10% profit share due to World Liberty Financial earning over $1.5 billion since its establishment. It is reported that Barron's after-tax net worth from this company is approximately $38 million. Combined with other cryptocurrency products and investments, his net worth in cryptocurrency has reached $123 million.

However, compared to his brothers, Barron's net worth is still just “a minor player compared to a major one”:

Donald Trump Jr.: Net worth $500 million

Eric Trump: net worth of 750 million dollars

Ivanka Trump: Personal net worth of 100 million USD, with husband Jared Kushner's combined net worth exceeding 1 billion USD.

Donald Trump: Net worth approximately $7.3 billion

The Trump family's deep involvement in the crypto world makes every “coincidental” profit particularly eye-catching. The business model of World Liberty Financial is itself filled with controversy—as a cryptocurrency company operated by the presidential family, it has achieved great commercial success in a regulatory gray area.

Regulatory Blind Spots in the Cryptocurrency Market

The recent insider trading controversy involving Barron Trump again highlights the significant blind spots in cryptocurrency market regulation. In traditional financial markets, trading based on non-public policy information is considered typical insider trading, which faces severe penalties from the U.S. Securities and Exchange Commission (SEC), including hefty fines and criminal charges.

However, in the crypto world, the legal definition of this behavior is not clear:

Regulatory Vacuum: Cryptocurrency exchanges are often not subject to oversight by traditional securities regulators, making the identification and investigation of insider trading extremely difficult.

Anonymity Protection: Although Hyperliquid is a public platform, traders' true identities can be concealed through various technical means, making it difficult for law enforcement agencies to trace.

Cross-border complexity: Cryptocurrency transactions often involve multiple jurisdictions, with varying legal standards across countries, making it difficult to form effective regulatory synergies.

Regardless of the final truth of this incident, it will drive discussions on cryptocurrency regulation. When members of powerful families can “legally” profit hundreds of millions of dollars from policy information, market fairness will be completely lost.