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IVANKA Trump has warned about a fake crypto coin with her name attached to it that is defrauding consumers.
Just days after her father’s inauguration, Ivanka said she has been made aware of the scheme and confirmed she has no involvement in the coin’s promotion.
“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 on X.
“To be clear: I have no involvement with this coin.
“This fake coin risks deceiving consumers and defrauding them of their hard-earned money, and the unauthorized use of my name and likeness is a violation of my rights.
“This promotion is deceptive, exploitative, and unacceptable. My legal team is reviewing and will be pursuing measures to stop the continued misuse of my name.”
The faux crypto coin plot came as President Donald Trump and First Lady Melania debuted his-and-her meme coins – $Trump and $Melania.
Meme coins, which hold no economic or transactional value, are cryptocurrencies often inspired by internet memes or trends.
The coins are considered risky and volatile trade assets, according to Coinbase.