TrumpCoin

On Tuesday, the social media accounts <a href="https://fortune.com/crypto/2024/09/04/trump-relatives-x-accounts-hacked-crypto-announcement-scam/" rel="noopener noreferrer nofollow">belonging</a> to Lara and Tiffany Trump were hacked, resulting in the dissemination of false information regarding a crypto project, World Liberty Financial. Eric Trump swiftly <a href="https://x.com/EricTrump/status/1831145090313494733" rel="noopener noreferrer nofollow">confirmed</a> that the posts were part of a scam and assured that the platforms took prompt action, locking the accounts within minutes.The Crypto Scheme UnveiledThe fabricated posts outlined an ambitious plan by World Liberty Financial to decentralize financial power from traditional banks back to the populace, highlighting the proposed use of a governance crypto token, $WL, on the Solana blockchain. These tokens, the posts claimed, would soon facilitate micropayments and DeFi lending protocols. The allure of crypto&#39;s promise was misused to propagate false hope with a seemingly fake website featuring instructions on acquiring these non-existent tokens.The Trump Family and CryptoThe incident ties into the broader narrative of the Trump family&#39;s engagement with the digital asset sector, notably around election periods. It was previously <a href="https://cryptotale.org/trump-familys-crypto-influence-ahead-of-november-elections/" rel="noopener noreferrer nofollow">reported</a> that Eric Trump&#39;s public endorsement of cryptocurrencies had stoked discussions about potential policy influences, particularly as the U.S. elections approached. This involvement is part of a broader strategy to align with shifts in U.S. digital asset strategies and harness the political capital of emerging financial technologies.Related: <a href="https://cryptotale.org/donald-trump-to-solve-us-35t-debt-crisis-using-bitcoin/" rel="noopener noreferrer nofollow">Donald Trump To Solve US’ $35T Debt Crisis Using Bitcoin</a><a href="https://cryptotale.org/trump-familys-x-accounts-hacked-fake-crypto-announcements-made/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Trump Family’s X Accounts Hacked, Fake Crypto Announcements Made

CryptoTale

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