Ivanka Trump Slams Fake Crypto Coin Exploiting Her Name
From Trump to Melania, we now have Ivan Carter Trump coins. The cryptocurrency industry is dealing with Trump’s enthusiasm, but at least one family member is not satisfied with the latest development, especially $ Ivanka coins.
Related reading
In an article on Twitter/X, Ivanka Trump The news of the newly -encrypted project was criticized, saying that it was “fake cryptocurrency” and was currently promoting without her consent. President’s daughter said that she has nothing to do with the project and is currently working with her legal team to solve the problem of unauthorized use of her name to market cryptocurrency.
This is not the first time Trump theme coin has appeared in the market. A few days before his inauguration, Trump promoted a coin and then launched $ Melania.
Ivanka publicly denies any contact with the $ IVANKA encryption project
On Thursday, the president’s daughter publicly denied any connection with the new Treasury currency sold in her name. In a Twitter/X post that has been browsed more than 1.2 million times, Ivanka released a Strong warning And remind consumers to be alert to this suspicious encryption project.
I noticed that a fake cryptocurrency called “Ivanka Trump” or “$ Ivanka” was promoted without my consent or approval.
What needs to be clear is that I have nothing to do with this coin. This kind of counterfeit currency has the risk of deceiving consumers and cheating their hard -earned money, …
– Ivanka Trump (@ivankatrump) January 23, 2025
Ivanka said that she had nothing to do with the project and criticized the developer to use her portrait and name without approval, saying that it violated her rights. She added that her legal team is taking this issue seriously and plans to abuse her identity to file a lawsuit.
President’s daughter added that cryptocurrency projects are not only unacceptable, but also deceived and exploitable. Ivanka and her husband Jaridkushner held important positions in the first Trump administration. However, the couple seemed to enjoy the time outside the field.
Continuous controversy around the issuance of new coins
Trump theme coin It is some of the hottest tokens in the market today. However, their release and marketing have caused controversy. On January 17, US President Donald Trump launched an official Trump tokens on the Solana blockchain. Then, two days later, the first lady also announced her currency, the “Merananan coin” supported by the Solana blockchain.
President Trump used Truth Social to announce his cryptocurrency and encourage the community to join the celebration and special Trump community. A few days after launch, Trump’s tokens reached a record high of $ 75, pushing the market value of the project to $ 15 billion.
However, people’s enthusiasm for Trump immediately faded, and the transaction price was $ 37, a decrease of 50%. In addition, Melania has the same destiny, and has plummeted 80%. The current transaction price is $ 2.8.
Related reading
Trump continues to support the position of cryptocurrencies
Before the November election, Trump said he intends to support Bitcoin and encryption projects. He promised to provide a favorable encryption environment and outline the specific plan, including replacing the SEC chairman Gary Gensler and supporting Bitcoin reserve.
On January 23, Trump issued his first cryptocurrency regulations to prohibit the establishment and issuance of the Central Bank Digital Currency (CBDC).
Selected pictures are from Tobias Hase/Piction Alliance/Getty Images, and the chart comes from TradingView
