A FAKE BARRON TRUMP PROMOTES A SCAM WITH ETHEREUM TOKEN
The X account, with a blue verification badge, already has over 60,000 followers.
The cryptocurrency sphere is being shaken by an alarming scam that uses Barron Trump's image to promote a fraudulent Ethereum token. Scammers are taking advantage of the Trump family's notoriety to lure unsuspecting investors, promising astronomical returns through a "pump and dump" scheme.
These scams often manifest on social media and fake websites, where Barron Trump's identity is impersonated or his endorsement of the project is implied. The promise of quick and massive profits is the bait, attracting both novices and experienced investors. Once a considerable volume of investment is achieved, the promoters sell off their own tokens, causing the price to plummet and leaving most investors with significant losses.
Authorities and cybersecurity experts warn about the proliferation of these "celebrity endorsement" scams, where the image of public figures is used without their consent to legitimize fraudulent operations. It is strongly recommended to verify the authenticity of any celebrity endorsement of cryptocurrency projects and to conduct thorough research before investing money in any token.