The post Ivanka Trump Denounces Fake Coin Use of Name appeared on BitcoinEthereumNews.com.

Ivanka Trump has publicly addressed the promotion of a fake cryptocurrency coin that is using her name without her consent. In a tweet posted on January 23, 2025, Ivanka made it clear that she had no involvement with the coin, which is being marketed as “$IVANKA” or “Ivanka Trump.” She emphasized that the unauthorized use of her name and likeness constitutes a violation of her rights and could potentially deceive consumers. It has come to my attention that a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval. 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 (@IvankaTrump) January 23, 2025 Ivanka Trump’s statement comes in response to the emergence of a crypto coin that falsely claims to be associated with her. The coin has been promoted widely, with many potential investors believing it has her backing. In her tweet, Ivanka firmly distanced herself from the project, stating that she had no involvement in its creation or promotion. She warned that the promotion of the $IVANKA coin was not only deceptive but also exploitative. Ivanka expressed concern that the coin could mislead people into investing their hard-earned money into a project that is not affiliated with her in any way. This kind of misleading promotion, she stressed, can cause financial harm to unsuspecting consumers. The unauthorized use of public figures’ names in the promotion of cryptocurrencies is a growing concern in the crypto space. Such projects can lead to fraudulent activities, and high-profile figures are increasingly becoming targets for such deceptive schemes. Ivanka’s tweet serves as a reminder of the need for legal and regulatory oversight in the crypto industry to prevent fraud and exploitation. Meme…

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Filed under: News - @ January 24, 2025 10:19 pm