Trump family members hacked in crypto scam promotion
- The X accounts of Lara Trump and Eric Trump were hacked to promote a fraudulent cryptocurrency project.
- Eric Trump publicly warned that the posts were a scam and that their accounts had been compromised.
- The incident reflects ongoing challenges in the Trump family's cryptocurrency ventures and its impact on the market.
On Tuesday, the X accounts of Lara Trump and Eric Trump were reportedly hacked to promote a fraudulent cryptocurrency project called World Liberty Financial. The incident occurred as the Trump family was preparing to unveil a crypto policy platform amidst ongoing concerns about a foreign cyberattack. The hacked posts falsely announced the launch of the digital currency and linked to a website created earlier that day, which was registered anonymously, making it difficult to identify the perpetrators. Shortly after the posts appeared, Eric Trump took to his own account to warn that the profiles had been compromised and labeled the promotion as a scam. Despite his immediate warning, the posts were deleted, but not before screenshots were captured. The Trump campaign and organization did not respond to inquiries regarding the hacks or the status of their crypto venture. This incident is part of a series of challenges faced by the Trump family in their cryptocurrency endeavors, which have included previous projects that raised significant funds but ultimately collapsed. The fallout from these events has implications for the family's reputation and their ongoing efforts to engage with the crypto industry, which has been a significant source of campaign funding this election cycle. The hacking incident also had a noticeable impact on the cryptocurrency market, particularly affecting the price of solana, which dropped 9% following the posts. This highlights the interconnectedness of social media, cryptocurrency, and the potential for scams to influence market dynamics, especially in a rapidly evolving digital finance landscape.