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Hackers Compromise Trump Family Accounts to Promote Cryptocurrency Scam
Discover how hackers infiltrated Trump family accounts to spread a cryptocurrency scam, shedding light on the growing threat of cybercrime and its implications for high-profile figures and digital security.
Hacking Incident Involving Trump Family Accounts
On Tuesday evening, the X accounts of Lara Trump, daughter-in-law of former President Donald Trump, and Tiffany Trump, his daughter, were reportedly compromised. The hackers used these accounts to promote a cryptocurrency token allegedly linked to World Liberty Financial, a new crypto initiative that has garnered attention from Trump family members in recent days.
Lara Trump took to X to share what she claimed were the official blockchain addresses for World Liberty Financial. She stated, “Our goal at World Liberty is to utilize our governance token on Solana, $WL, to support our DeFi lending protocol.” Shortly after her post, Eric Trump, the former president’s middle son, alerted his followers that both accounts had been hacked, labeling the information shared as a “scam.”
World Liberty Financial also issued a warning via their own X account, stating, “ALERT: Lara’s and Tiffany Trump’s X accounts have been hacked. Do NOT click on any links or purchase any tokens shared from their profiles. We’re actively working to fix this, but please stay vigilant and avoid scams!”
This incident marks at least the third occurrence of a cryptocurrency token being launched under the Trump name, which has attracted considerable interest within the crypto community. Previous tokens included the DJT token, which convicted fraudster Martin Shkreli claimed was developed in conjunction with Barron Trump, the youngest of Donald Trump’s children. However, no confirmation of involvement from the Trump family has ever been provided regarding that project. Another token, named Restore the Republic (RTR), briefly soared to a valuation of $155 million before experiencing a rapid decline.
The timing of these hacks is particularly notable, as they came just hours after CoinDesk disclosed details surrounding World Liberty’s ambitions. The project aims to create a borrowing-and-lending decentralized finance (DeFi) platform and intends to issue a token referred to as WLFI. While there is no official launch date set, the project’s white paper indicated that Donald Trump, who is currently campaigning for a third presidential term, will serve as the “chief crypto advocate.” Moreover, Eric, Donald Jr., and Barron Trump are also expected to play significant roles within the initiative.