Ivanka Trump is warning people about a fake crypto coin using her name to scam others and this is coming just days after her father’s inauguration.
A few minutes ago, she posted a tweet on X that “a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval.”
Ivankan mentioned the fake coin on X | Source: X
Ivanka said she does not associate with this coin and warns people to be careful. She said, “This fake coin risks deceiving consumers and defrauding them of their hard-earned money, and the unauthorized use of my name and likeness is a violation of my rights.”
Ivanka also confirmed that her legal team is active on the situation and appropriate actions to stop the measure of her name.
This is coming just a few days after some traders lost a lot of money trading $BARRON memcoin which many thought was associated with the family. Eventually, the token turned out to be a classic pump and dump.
A trader even lost $1 million on the token in just two hours after the price retraced on his position.
