Cryptocurrency11 May 2026SEO 801 min read

Analysis: Trump fans put millions of dollars into a gold phone and a memecoin. Neither ha…

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 r…

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. Sixteen months after launch, the Trump Mobile T1 phone has collected about $60 million in $100 deposits from roughly 600,000 buyers, but has not delivered a single confirmed device, media reports indicate. An April update to Trump Mobile’s terms of service states that deposits are only a co…

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