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Trump family accounts hacked to pull off Solana scam

Trump family accounts hacked to pull off Solana scam

Hackers have targeted the X accounts of Lara and Tiffany Trump, posting deceptive links to sham crypto projects.

Image of Sahil ThakurSahil ThakurNews

Sep 4, 2024

Image of Sahil Thakur

Sahil Thakur

Hackers have targeted the X accounts of Lara and Tiffany Trump, posting deceptive links to sham crypto projects. The official X accounts were compromised on September 4th, with the hackers promoting fake blockchain addresses for the upcoming World Liberty Financial (WLF) project. Eric Trump, Lara’s husband, confirmed the breach in a now-deleted post, urging users to avoid interacting with the posts. World Liberty Financial also issued a warning, advising followers not to click on any links or purchase tokens shared from the compromised profiles.

  • The hacks promoted a fake token linked to the Trump family’s upcoming DeFi project, World Liberty Financial.
  • Eric Trump stated that the accounts were quickly locked down after the breach.
  • The hacks underscore the risks associated with crypto projects and the importance of vigilance.

The World Liberty Financial platform is intended to be a DeFi borrowing and lending protocol, with plans to issue a governance token on Solana. The project has garnered significant attention within the crypto community, although it has also become a target for hackers. Nic Carter, a partner at Castle Island Ventures, warned that the project could be a prime target for those seeking to undermine Trump’s political ambitions, especially given the vulnerabilities of DeFi protocols. Despite the risks, the platform has already attracted a substantial following, with over 219,000 subscribers on its Telegram group. As Trump continues to position himself as a supporter of the crypto industry, the success or failure of this project could have significant implications for both his political career and the broader crypto landscape.

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