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{"actor":"system:backfill","investigation_id":"dbba6433-99b9-40fa-98fa-6e296b364c45","kind":"publish","page_slug":"buildon","published_at":"2026-05-14T06:02:03.409Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"BUILDon","sections":[{"content":"BUILDon (B) launched in April 2025 via the Four.meme memecoin launchpad on BNB Chain. Total supply is 1 billion tokens. The project positions itself as BNB Chain's AI mascot focused on building use cases and liquidity for USD1, the stablecoin issued by World Liberty Financial (WLFI), a crypto project associated with the Trump family. No identifiable founding team has been publicly disclosed.","heading":"Token Origins and Launch","severity":"high","sources":[{"credibility":2,"name":"BingX: What Is BUILDon","type":"news_article","url":"https://bingx.com/en/learn/article/what-is-buildon-b-the-memecoin-powering-usd1-on-bnb-chain"}]},{"content":"On May 22, 2025, World Liberty Financial announced it purchased 636,000 B tokens (~$25K), triggering a 1,340% price surge and pushing market cap from $40M to $140M within 20 minutes. Critics alleged a coordinated pump-and-dump scheme connecting Trump family interests, CZ/Binance, and the USD1 stablecoin ecosystem. The Wall Street Journal had previously reported Trump family talks to acquire a stake in Binance.US (March 2025), and Eric Trump announced USD1 as the official stablecoin for the $2B MGX investment in Binance.","heading":"WLFI Purchase and Price Manipulation Allegations","severity":"critical","sources":[{"credibility":1,"name":"CoinDesk: WLFI Buys BUILDon, Price Up 1,340%","type":"news_article","url":"https://www.coindesk.com/business/2025/05/22/trump-backed-crypto-project-buys-buildon-token-sending-prices-up-1-340"},{"credibility":2,"name":"Bitget: Behind BUILDon's 40x Surge — Trump and CZ $2B Scheme","type":"news_article","url":"https://www.bitget.com/news/detail/12560604770297"},{"credibility":1,"name":"Yahoo Finance: WLFI Buys BUILDon","type":"news_article","url":"https://finance.yahoo.com/news/trump-backed-world-liberty-financial-140011483.html"}]},{"content":"On-chain analysis indicates approximately 20% of B's supply is concentrated in a cluster of related wallets. This concentration, coupled with past patterns of coordinated trading by top DEX wallets, raises concerns about price manipulation and sudden sell-offs. BUILDon accounted for over 90% of non-stablecoin USD1 trading volume at one point, indicating extreme dependency on the WLFI ecosystem.","heading":"Supply Concentration and Coordination","severity":"high","sources":[{"credibility":2,"name":"Intellectia AI: BUILDon Project Outlook 2026","type":"news_article","url":"https://intellectia.ai/news/crypto/buildon-project-outlook-for-2026"}]},{"content":"BUILDon's value proposition is entirely dependent on political connections. The token's integration with USD1, WLFI's Trump family backing, and Binance's ecosystem creates a chain of dependencies where value derives from political endorsement rather than technical merit. Public Citizen published a report titled 'Conflict Coin' examining how Trump family crypto interests intersect with Binance, which previously helped Iran evade sanctions.","heading":"Conflict of Interest and Political Risk","severity":"high","sources":[{"credibility":1,"name":"Public Citizen: Conflict Coin Report","type":"research","url":"https://www.citizen.org/article/trump-crypto-world-liberty-financial-binance-iran-sanctions/"},{"credibility":1,"name":"CoinDesk: WLFI to Align with TRUMP Memecoin","type":"news_article","url":"https://www.coindesk.com/markets/2025/06/07/world-liberty-financial-to-align-with-trump-memecoin-add-it-to-treasury"}]}],"sources_used":[{"credibility":1,"name":"CoinDesk: WLFI Buys BUILDon","type":"news_article","url":"https://www.coindesk.com/business/2025/05/22/trump-backed-crypto-project-buys-buildon-token-sending-prices-up-1-340"},{"credibility":1,"name":"Yahoo Finance: WLFI BUILDon Purchase","type":"news_article","url":"https://finance.yahoo.com/news/trump-backed-world-liberty-financial-140011483.html"},{"credibility":2,"name":"Bitget: BUILDon $2B Scheme Allegations","type":"news_article","url":"https://www.bitget.com/news/detail/12560604770297"},{"credibility":1,"name":"Public Citizen: Conflict Coin","type":"research","url":"https://www.citizen.org/article/trump-crypto-world-liberty-financial-binance-iran-sanctions/"}],"summary":"BUILDon (B) is a BNB Chain meme coin launched April 2025 via the Four.meme launchpad, positioned as the 'AI mascot' of BNB Chain and primary trading pair for USD1 (Trump-backed WLFI stablecoin). World Liberty Financial's $25K purchase of B tokens caused a 1,340% price surge. Allegations of a coordinated pump-and-dump scheme linking Trump family, CZ/Binance, and USD1. On-chain analysis shows ~20% of supply concentrated in related wallets with patterns of coordinated trading. No transparent team. Product delivery uncertain. Narrative entirely dependent on political connections and WLFI endorsement.","timeline":[{"date":"2025-04-01","event":"BUILDon (B) launches on BNB Chain via Four.meme launchpad","source":"bingx.com","source_url":"https://bingx.com/en/learn/article/what-is-buildon-b-the-memecoin-powering-usd1-on-bnb-chain"},{"date":"2025-05-15","event":"BUILDon integrates USD1 stablecoin as primary trading pair","source":"bingx.com","source_url":"https://bingx.com/en/learn/article/what-is-buildon-b-the-memecoin-powering-usd1-on-bnb-chain"},{"date":"2025-05-22","event":"World Liberty Financial purchases 636K B tokens ($25K); price surges 1,340%","source":"coindesk.com","source_url":"https://www.coindesk.com/business/2025/05/22/trump-backed-crypto-project-buys-buildon-token-sending-prices-up-1-340"}]},"v":1}