Crypto scammers hack Trump family members' X accounts
Even before the launch of a new crypto project by the Trump family, crypto scammers have managed to hack the X accounts of some family members to promote a scam token.
Image by Leon Neal/Getty Images.
Before the launch of a new Trump family crypto project, scammers managed to hack the X accounts of some family members to promote a scam token.
The official X account of the new project, named World Liberty Financial (WLF), confirmed the hack this morning (UTC time), stating that Donald Trump's daughter Tiffany and daughter-in-law Lara Trump were affected. WLF urged the public not to click on any links or purchase any tokens shared from their profiles.
The removed posts on X by scammers:
At the time of writing, the malicious posts containing addresses to fake websites had already been removed.
Details about the WLF project are scarce, but it appears to be another decentralized finance (DeFi) project promising "high returns."
The project has nearly 43,000 followers on X and 219,000 subscribers on Telegram. It has already been promoted by Donald Trump himself, who has been increasingly embracing bitcoin and other crypto assets as part of his campaign to attract voters from the sector. Additionally, Trump recently introduced his fourth collection of non-fungible tokens (NFTs), which have earned him more than $2 million.
DJT: For too long, the average American has been squeezed by the big banks and financial elites. It's time we take a stand—together. #BeDefiant https://t.co/DuEtfRfrjt pic.twitter.com/txPz5FVSsK
undefined Donald Trump Jr. (@DonaldJTrumpJr) August 22, 2024
In any case, crypto scammers are known for hacking popular X accounts to lure unsuspecting victims to fake websites and steal their crypto assets. As previously reported by Cybernews, convicted UK hacker Gurvinder Bhangu (Gurv) may be behind the recent hack of actress Sydney Sweeney's X account, where he allegedly posted links to crypto scams.
However, other cyber incidents in the crypto world have been reported in the past day alone. The DeFi protocol Penpie was exploited to the tune of $27 million, and the team behind the project issued a message to the hackers, stating that they "believe there's potential for a positive resolution that benefits all parties."
Meanwhile, the US Commodity Futures Trading Commission announced it had recovered $18 million worth of crypto assets from an alleged commodity pool Ponzi scheme.
At the same time, the FBI warned that North Korean hackers are conducting "highly tailored, difficult-to-detect social engineering campaigns against employees of decentralized finance (DeFi), cryptocurrency, and similar businesses to deploy malware and steal company cryptocurrency."