The First Daughter of Donald Trump made it clear that she had no involvement in the creation or promotion of this digital coin.
She emphasized that these kinds of scams pose a serious risk. So, she warns people that they could lose their hard-earned money to false promises. “This fake coin risks deceiving consumers and defrauding them of their hard-earned money,” Trump stated, making it clear she would not tolerate such exploitation. She also highlighted that the unauthorized use of her name and image was not just a minor issue. This is a clear violation of her rights.
Trump has made it known that her legal team is already on the case. They will review the situation and take necessary steps to put an end to the fraudulent promotion. As she pointed out, this kind of deception is not just about protecting her image but also about ensuring that consumers are not duped into risky investments based on false promises.
It has come to my attention that a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval.
To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money,…
— Ivanka Trump (@IvankaTrump) January 23, 2025
This situation serves as a stark reminder of the dangers that can lurk in the fast-paced crypto sector, where scams can pop up out of nowhere, attempting to take advantage of the uninformed. Ivanka Trump’s firm stance is a call to action, both for her fans and the general public, to be more vigilant when navigating the increasingly complex landscape of digital assets.
More About the $TRUMP Memecoin
The $TRUMP memecoin has been gaining significant traction, now valued higher and boasting more trading volume than Trump Media Technology Group (DJT). This surge in popularity highlights the growing influence of meme-based cryptocurrencies, which have captured the attention of investors and crypto enthusiasts alike.
Remarkably, $TRUMP is valued higher and has more volume than Trump Media Technology Group (DJT). pic.twitter.com/HtftiWFPDl
— Messari (@MessariCrypto) January 24, 2025
Despite DJT’s ties to Trump’s media empire, the $TRUMP coin has outpaced it in market performance, showing how the memecoin space can sometimes outshine traditional market assets. This shift underscores the growing impact of digital currencies in reshaping investor behavior and the broader financial landscape.
Disclaimer
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