Outside Source
Crypto scammers targeted the X accounts of Lara and Tiffany Trump to promote a Solana-based memecoin.
As confirmed by several users on X, including Lara Trump’s husband, Eric Trump, the X accounts were compromised on Sept. 4 and were used to promote a fake Solana-based memecoin themed around Donald Trump’s cryptic new decentralized finance project World Liberty Financial.
One of Lara Trump’s now-deleted posts advertised the fake WL token as the official “governance token” for the Trump family project. In subsequent posts, the attackers shared a contract address for the token along with a link for the project’s official Telegram group to make it look legitimate.
The attackers then used Tiffany Trump’s account to endorse the scam posts in a bid to lure users.
Moments after the posts started circulating on X, Eric Trump, along with the official World Liberty Financial X account, warned users of the hack and urged everyone to avoid purchasing any tokens.
Eric Trump confirmed that both the compromised accounts were “locked down” minutes after the posts. However, one user pointed out that it was a little too late, with the posts having garnered comments from the likes of media personality Caitlyn Jenner, who confirmed doing so and clarified she “took them down (immediately!) minutes later.”
Data from Dexscreener shows the token’s price hit a high of 0.005314 SOL after starting to trade at 0.0001286 SOL just hours before. At the time of publication, the token had been live for roughly seven hours, but its price had dropped more than 90% from its all-time high.
This was far from the first time the scammers used the Trump family name to launch fake memecoins. In June, the DJT token, promoted as having links to Donald Trump and his son Barron Trump, was involved in a rug pull. The Trump family did not confirm their involvement with the project.
Another Solana-based project called Restore The Republic also claimed connections with Donald Trump, but this was later debunked by Eric Trump, who publicly denied any affiliation.
This article first appeared at crypto.news
