Former United States President Donald Trump is launching a third nonfungible token (NFT) drop, dubbed “MugShot,” centered around the theme of his ongoing criminal indictments. As of December 27, the novel collection has reportedly fetched a total of 1,075 Ether (ETH) worth $2.4 million. The tally does not take account of fiat sales.
According to the Dec. 12 announcement, the trading cards are purchasable via either credit card or Wrapped Ether (wETH) and are not transferrable until Dec. 31, 2024. Users must provide Know Your Customer (KYC) information to purchase the NFTs, even if they pay with crypto. In explaining the rationale behind the collection, the collection‘s website reads:
“On Thursday, August 24, 2023, President Trump was formally arrested in Fulton County, Georgia. This is a moment in history – it’s the first-ever mugshot of a United States President. In the photo, Trump has a furrowed brow with a determined gaze which says he’ll never surrender.”
Priced at $99 each, users who purchase 47 or more digital trading cards can receive “a piece of the president’s ACTUAL suit from his famous mugshot & dinner at Mar-a-Lago with the President.” This is Trump’s third NFT drop following previous successes. Melania Trump, former first lady of the United States and wife of Donald Trump, has also previously launched an NFT collection.
The 45th U.S. president is currently seeking a non-consecutive second term in the 2024 U.S. presidential election. Starting this year, Trump has been indicted by both state and federal authorities on allegations of business fraud and efforts to overturn the 2020 U.S. presidential election, totaling 91 felony charges.
However, the U.S. Constitution has no clauses automatically disqualifying suspects or convicted criminals from running for federal office. The 14th Amendment to the U.S. Constitution, which bars convicted insurrectionists from holding public office, requires congressional action to be enforced.
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— CollectTrumpCards (@CollectTrump) December 12, 2023
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Related: Donald Trump NFT prices spike following release of mugshot in Georgia criminal case