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Fake crypto token promoted by hacking Donald Trump relatives' X accounts. 😱

Fake crypto token promoted by hacking Donald Trump relatives’ X accounts. 😱

Alert: Beware of the Recent Hacking Incident Involving Trump Family Members

Recent reports have surfaced about the hacking of Lara Trump and Tiffany Trump’s accounts, where fraudulent messages promoting a fake cryptocurrency token were posted. The compromised accounts were used to endorse a token supposedly linked to World Liberty Financial, a new crypto project endorsed by members of the Trump family.

Details of the Breach 🚨

The hackers disclosed a specific blockchain address and token, encouraging followers to invest in what they claimed was the “only official” token for World Liberty Financial. Lara Trump’s affected profile tweeted about the governance token on Solana, $WL, aimed at supporting the DeFi lending protocol.

  • World Liberty Financial confirmed the hacking incident, alerting the public about the compromised accounts of Lara and Tiffany Trump.
  • The project cautioned against clicking on links or purchasing tokens shared from the compromised profiles and assured that they were actively addressing the issue to prevent further misuse.

Despite being live briefly, the posts were removed, and Lara’s and Tiffany’s accounts were locked down to prevent any additional unauthorized activity.

“Twitter responded promptly and locked down LaraLeaTrump and TiffanyATrump accounts within minutes,” mentioned Eric Trump in a tweet.

Introduction to Trump’s Crypto Venture 💼

The Trump family has been actively promoting World Liberty Financial, previously known as “The DeFiant Ones.” Even the former president has endorsed the platform, aiming to make the United States the “crypto capital of the planet.” He emphasized their commitment to prevent any limitations in the crypto business landscape.

  • Eric Trump teased a big announcement and heralded a new era in finance through social media platforms.

The hack incident coincided with a report by CoinDesk revealing details of the project plans. The decentralized finance (DeFi) platform plans to focus on borrowing and lending, including the issuance of a token called WLFI.

  • Donald Trump, along with his sons, is expected to hold key roles in the initiative as detailed in the whitepaper.

Hot Take: Stay Vigilant Against Crypto Hacking Risks 🔒

With the rise of cryptocurrency-related fraud and hacking incidents, it is crucial to remain cautious and vigilant regarding investments and endorsements from public figures’ compromised accounts. Always verify sources and exercise due diligence before engaging in any investment activities.


Sources:

  1. World Liberty Financial statement
  2. Telegram channel update
  3. Eric Trump Twitter update
  4. Donald Trump’s social media endorsement
  5. Eric Trump’s announcement tweet
  6. Eric Trump’s finance era declaration
  7. CoinDesk report on Trump crypto project

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Fake crypto token promoted by hacking Donald Trump relatives' X accounts. 😱