Lara and Tiffany Trump’s social media accounts have been posted. Hacked to promote a scam cryptocurrency The hack has drawn attention not only to the potential ramifications for the Trump family, but also to larger issues surrounding digital security in the cryptocurrency space.
The incident comes at a time when the Trump family is trying to establish a foothold in the digital assets market.
Details of Trump X account hack revealed
The rag The case began when unauthorized posts began appearing on the accounts of Lara Trump, co-chair of the Republican National Committee, and her sister, Tiffany Trump.
🚨🚨Trump family hacked
Multiple accounts of President Trump have been hacked. Do not interact with this Solana Meme Coin.
Laura Trump and Tiffany Trump’s accounts have been hacked.
memecoin was advertised on Solana by both accounts and is fake.
Eric Trump and… pic.twitter.com/T6geUyav78
— Chase (@ChaseTheCEO) September 4, 2024
The posts in question talked about a new cryptocurrency company called World Liberty Financial that intended to “take power” away from the banks and return it to the people. They were directed to what appeared to be the official channel, where they could buy a governance token on the Solana blockchain through links.
The site was registered through an anonymous service linked to the notorious dark web marketplace. Lara Trump’s husband Eric Trump immediately weighed in, posting on his X account: “This is a scam!!!”
.@twitter It was amazing and it was closed. @Lara Lea Trump and @Tiffany Trump Calculations in minutes.
— Eric Trump (@EricTrump) September 4, 2024
He said the women’s accounts had been hacked, and thanked X for “locking them down in minutes.” However, the posts gained traction, with hundreds of users clicking on the links before they were removed.
Impacts on cryptocurrencies
However, the hacked posts not only misled followers but also the cryptocurrency market. The Solana price mentioned in the posts rose by 9% before rebounding after the scam ads.
All of this is especially sad in light of the Trump family’s ongoing attempts to court the crypto community. Donald Trump himself has taken a rhetorical stance as an advocate for digital assets — even going so far as to joke, at times, that he intends to create some sort of national reserve for Bitcoin, if elected.
But as Trump-branded scams have proliferated in the marketplace, such ambitions have become more complicated. And if that weren’t enough, attempts to issue tokens linked to the Trump family in the past have been shocking scandals, as was the case with the token in the middle of a rug earlier this year.
Digital Security Alarm Call
All of this certainly proves that Lara and Tiffany’s accounts were hacked, a latent warning about the vulnerabilities of social media and cryptocurrencies. Now, scammers are using high-profile accounts to lend credibility to their schemes. The project itself, World Liberty Financial, has had its share of problems as reports of its fake website have spread.
As the Trump family navigates the intricacies of the digital money system, one thing is becoming increasingly clear: security will play a major role. This incident once again raises questions about the safety of digital assets and user vigilance.
Featured image from WIRED, chart from TradingView