Former United States President, Donald Trump, was arrested on Tuesday after facing legal charges that came to light in New York. Trump appeared in a New York court after being taken into custody, where he faces multiple criminal charges, including allegations of secretly paying adult movie star Stormy Daniels during his 2016 presidential campaign.
In the wake of this news, sales of Donald Trump’s non-fungible tokens (NFTs) spiked. Data from OpenSea showed an increase of over 460% in sales as Trump digital trading card holders sold a combined 47 tokens.
According to data from Crypto Slam, on April 5, Donald Trump’s NFTs reportedly sold for approximately $75,000 in a matter of hours.
This is the first time in America’s history that a former President has been arrested by the police. In a Manhattan courtroom, Trump is charged with transferring nearly $130,000 in hush money. However, he frequently denies his involvement with the matter in his defense.
As per an official tweet, Trump allegedly paid the money to end Stormy Daniels’s “false and extortionist accusations.”
This latest development in Trump’s legal troubles has sent shockwaves through both the political and crypto worlds, with many closely following the aftermath of this high-profile arrest.
Also Read: Donald Trump NFTs Daily Sales Spike by 800%
