Lara and Tiffany Trump, members of the Trump family, found their X (formerly Twitter) accounts hacked on Tuesday evening. The breach was used to promote a fraudulent cryptocurrency linked to a project called World Liberty Financial.
Hackers utilized the compromised accounts to post deceptive tweets, falsely claiming to share the “only official” blockchain addresses associated with World Liberty Financial. One tweet from Lara Trump’s account falsely suggested that the token, labeled $WL, would play a role in supporting a decentralized finance (DeFi) lending protocol on the Solana blockchain.
Eric Trump Sounds the Alarm
The breach did not go unnoticed for long. Eric Trump, son of former President Donald Trump, quickly took to X to inform the public that both accounts had been compromised. He issued a stern warning, emphasizing that the addresses shared through these posts were part of a scam.
World Liberty Financial responded swiftly, releasing a statement urging people to avoid clicking on any links or purchasing tokens shared via Lara and Tiffany’s profiles. They assured the public that efforts were underway to resolve the situation and advised users to exercise caution.
A Recurring Issue for the Trump Family
This incident is the latest in a series of fraudulent activities involving the Trump family’s name in the cryptocurrency space. Previously, the DJT token was falsely promoted by convicted fraudster Martin Shkreli, who misleadingly linked it to Barron Trump, the youngest of Donald Trump’s children. Another cryptocurrency project, Restore the Republic (RTR), briefly saw a surge in value to $155 million before crashing.
World Liberty Financial’s white paper claims that Donald Trump is slated to become the project’s “chief crypto advocate,” with other family members, including Eric, Donald Jr., and Barron Trump, expected to assume various roles. However, the project has yet to announce an official launch date.
Caution Advised in the Crypto Space
The hacking of Lara and Tiffany Trump’s X accounts underscores the persistent risks within the cryptocurrency sector. Users are urged to remain vigilant, thoroughly verifying the legitimacy of sources before engaging with new projects to avoid falling victim to scams.
Related topics:
WazirX Seeks Moratorium from Singapore High Court Amidst Restructuring Efforts
The Pi Network Iou Token’s Sharp Decline Underscores The Broader Struggles
Tomarket Introduces Innovative Tap-to-Earn Game with Exciting Rewards
