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Ivanka Trump warns buyers that meme token bearing her identify is pretend

Bitcoin surges past $100,000 as Trump reportedly plans to unveil new crypto policies

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Ivanka Trump warns buyers that meme token bearing her identify is pretend

Hakan Nural | Getty Pictures

Ivanka Trump, the daughter of President Donald Trump, is threat buyers in opposition to purchasing a fraudulent crypto coin bearing her identify.

“It has come to my attention that a fake crypto coin called ‘Ivanka Trump’ or ‘$IVANKA’ is being promoted without my consent or approval,” she wrote in a post on X on Thursday. “To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money.”

Ivanka Trump and her husband, Jared Kushner, performed eminent management roles within the first Trump White Area, however have no longer been central to the unutilized management.

Her blackmails come next meme tokens had been introduced over the weekend referred to as $TRUMP and $MELANIA, for the president and primary girl.

The $TRUMP coin, which nearly instantly boosted the president’s internet usefulness via billions of bucks on paper, is now buying and selling at about $37, a reduce of fifty% from its height in a while next founding. In a similar way, the $MELANIA token has plunged 80% from its weekend top, lately buying and selling at $2.84.

The website for $TRUMP says 80% of the cash are held via the Trump Group and associates. Meme cash have develop into more and more prevailing with crypto buyers, however are in particular risky as there’s no underlying asset with any worth.

WATCH: Bitcoin surges as Trump plans crypto insurance policies

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