On Tuesday evening, the X accounts of Lara Trump, Donald Trump’s daughter-in-law, and Tiffany Trump were hacked. The hackers used the compromised accounts to promote a scam crypto website. Responding promptly, X took the posts down and locked the hacked accounts.
While the hackers had control of the two Trump family members’ accounts, they posted links to fraudulent websites that resembled the World Liberty Financial crypto project, falsely claiming an association with former president Donald Trump.
It’s unclear if any of their followers fell victim to the scam or suffered financial losses by clicking on those links. Shortly after the spam posts were taken down by X, the project’s official Telegram channel issued a warning, advising users not to click on any links shared from Lara and Tiffany’s compromised accounts. The warnings have been verified by Bankless Times.
It read: “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!”
The World Liberty Financial crypto project has become increasingly popular since it was launched in August. The project’s official Telegram group quickly gained over 230,000 members. As the former republican president, Donald Trump, is not shying away from voicing his support for cryptocurrencies, the project is fully supported by Trump’s presidential campaign team.
However, since the launch in August, the project has been embroiled in controversies. Earlier the official Telegram group of the project had been spammed with links to fake ads promising an airdrop. A number of users clicked on those spammy links which were then removed from the project’s official telegram group.
The project has also been criticised for not providing clarity on what its goals are and how they are going to achieve them. It is unclear how users will benefit from owning WLFI, a governance token. Moreover, there have been reports claiming that the team members listed in the project’s white paper had previously worked for Dough Finance. And, that the codebase used to create the platform is just a copy paste from Dough Finance.
As Donald Trump has positioned himself as a pro-crypto candidate, controversies and hacks related to his new crypto venture can negatively impact his campaign.
