Ivanka Trump Warns About Fake Crypto Coin

Ivanka Trump has spoken out against a fraudulent cryptocurrency using her name, "IVANKA. " She clarified her stance on social media, emphasizing that she has no involvement with this coin. This scam coin, she explained, poses a risk to consumers and could lead to financial loss. She found the use of her name and image without permission to be unacceptable and a violation of her rights. Meanwhile, her father, former President Donald Trump, and his wife, Melania Trump, launched their own cryptocurrencies just before he left office. These coins, $TRUMP and $MELANIA, gained initial popularity but faced significant volatility afterwards. Their prices dropped sharply after Inauguration Day, reflecting the market's uncertainty. President Trump's views on cryptocurrencies have evolved over time. He once expressed skepticism about digital currencies, stating that they were not real money and could facilitate illegal activities. However, his perspective shifted as he engaged with tech investors who supported his political campaigns. One such investor, Elon Musk, is known for his involvement in the crypto market. During his presidential campaign, Trump changed his tune. He acknowledged that with proper leadership, the U. S. could become a global leader in cryptocurrencies. He promised that regulations would be set by industry supporters rather than detractors. This sudden interest in cryptocurrencies from political figures highlights the complex and evolving nature of digital finance.