🚨 Ivanka Trump Issues Warning Against Fake Cryptocurrency
Scam 💰❌
Ivanka Trump has sounded the alarm about a fraudulent cryptocurrency falsely using her name for promotion. In a public statement shared on X (formerly Twitter) 🐦, she emphasized:
“A fake crypto coin called ‘Ivanka Trump’ or ‘$IVANKA’ is being promoted without my consent or approval.”
No Association with the Fake Coin
Ivanka clarified that she has no connection to this cryptocurrency and condemned its unauthorized use of her name and likeness. She warned potential investors to be cautious, stating, “This fake coin poses a serious risk of deceiving consumers and defrauding them of their hard-earned money.” Her legal team ⚖️ is already taking decisive action to shut down the scam and prevent further misuse of her identity.
A Recurring Trend in Crypto Scams
This warning comes on the heels of another controversy involving the $BARRON memecoin, which many mistakenly believed had ties to the Trump family. That token was revealed to be a pump-and-dump scheme, leaving countless investors devastated. One trader reportedly suffered a $1 million loss within just two hours as the token's value nosedived.
A Call for Caution
Ivanka’s statement serves as a timely reminder of the importance of due diligence when investing in cryptocurrencies. Scammers often exploit the names of high-profile individuals to lend credibility to their schemes, but informed investors can avoid falling prey by conducting thorough research.
Stay vigilant and safeguard your investments by verifying the legitimacy of any project before committing your hard-earned money.
