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.”
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.
Also Read: Trader loses $1 Million in 2 Hours Trading $BARRON Coin
