The 'Don Colossus' statue, a 15-foot gilded tribute to Trump, faces legal and market challenges as its unveiling at Trump's Doral resort remains uncertain. Cryptocurrency investors behind the statue, who spent $300,000 on its creation, intended to use it to promote the PATRIOT meme coin. However, the project has been plagued by delays, internal conflicts, and a plummeting token value.
Sculptor Alan Cottrill claims investors owe him $75,000 in fees, while the Trump Organization distances itself from the token. Despite setbacks, the project's supporters continue to promote the statue and token, hoping for a marketing victory with the statue's placement on Trump's property.
Trump Statue and PATRIOT Meme Coin Project Hit Legal and Market Hurdles
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