Basri Caneri 
The X account of Zach Witkoff, co-founder of World Liberty Financial (WLFI), a crypto project linked to Donald Trump, has been compromised by hackers. The hackers promoted a fake memecoin project associated with Trump’s youngest son Barron Trump.
Memecoin Scam Targeting the Trump Family
Hackers announced a memecoin project involving Barron Trump, claiming “Trump will soon confirm this news. ” However, World Liberty Financial soon confirmed that Witkoff’s account had been compromised and warned its followers not to invest in the project.
The company said in a statement “We are resolving the situation as fast as possible. Please do not get involved in this fake Barron Trump project.”
Such attempts against the Trump family are not new. On January 23rd, Donald Trump’s daughter Ivanka Trump also reacted to a fake memecoin project using her name and announced that investors were being scammed.
World Liberty Financial and Trump Connection
World Liberty Financial is known as one of the decentralized finance (DeFi) projects linked to the Trump family. The project’s team reportedly includes Donald Trump as well as Barron Trump.
The project launched its own token, WLFI, in October 2024. However, this latest incident has once again revealed that the names of the Trump family are being used as a manipulation tool by malicious actors in the crypto world .
As the risks associated with fake memecoin projects increase, it is emphasized that investors should be more careful against such manipulative attempts.
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