24 January 2025

Hakan Noral | Getty Images

Ivanka Trumpdaughter President Donald Trumpwarns investors against purchasing a fraudulent cryptocurrency bearing its name.

“It came to my attention that a fake cryptocurrency called 'Ivanka Trump' came to my attention,” she wrote in a post. Posting on social media site Thursday. “To be clear: I have no involvement in this currency. This counterfeit currency risks defrauding consumers of their hard-earned money.”

Ivanka Trump and her husband, Jared Kushner, played prominent leadership roles in Trump's first White House but were not central to the new administration.

Its warnings come after the launch of Meme Tokens over the weekend called $Trump and $Melania, for the President and First Lady, respectively.

$trump coin, which almost instantly Enhanced The president's net worth is in the billions of dollars on paper, now trading at about $37, up 50% from its peak shortly after the launch. Likewise, the $Melania token has fallen 80% from its weekend high, currently trading at $2.84.

the Website As for $Trump, he says 80% of the coins are held by the Trump Organization and affiliates. Meme coins are becoming increasingly popular with crypto traders but are particularly volatile as there is no underlying asset with any value.

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