Key Points:
Read more: Donald Trump NFT Collection Was Launched with Exclusive Perks
World Liberty Financial has been associated with the Trump family and reportedly endorsed by them, though recent events seem to suggest otherwise.
These included posts from hackers who shoved blockchain addresses and claimed the token was part of the projects under the Trump family crypto project.
In particular, Lara Trump’s compromised account sent one message purporting that the project’s governance token, on the Solana blockchain, would serve to help fuel and support their DeFi lending protocol. However, such posts emerged as fake and were hence taken down.
Eric Trump later confirmed on X that both profiles had been compromised and warned followers to avoid any interactions with the scam addresses. In response, World Liberty Financial issued a statement, urging people to disregard any links or purchases from the hacked accounts.
The incident is at least the third time that a cryptocurrency token, apparently linked to the Trump family crypto project, has appeared. Other instances include the highly controversial DJT token and the Restore the Republic token, which briefly reached a high valuation and then crashed.
The Trump family has been advertising World Liberty Financial for weeks, and speculation has mounted that the project will be on the Ethereum blockchain and Aave’s decentralized finance platform. The Trump family crypto project is expected to include the system for a credit account whose token was issued, which is called WLFI.
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